KDK Options has made a trade buying December Apple $130 call options. The expectation is that the option will reach $2.50 before expiration. The current price of Apple's stock is about $101. Some of the reasons of the trade are below:
- Apple earnings coming out next week
- Continued revenue growth
- Rotation to safer stocks
- Breakout past $100
If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, twitter @kdkoptions, or find us on Stocktwits @kdkoptions.
For non option trades, take a look at what KDK Fund is currently doing (link here).
** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **
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