Time to Exit Apple Straddle

Time to exit the Apple (AAPL) straddle here.

I don't like to have the pin plays going into the final hour. These are about making a profit, not squeezing every last penny out of the position. But the stock is still hovering around $430 and the straddles are trading down around $1.50, so there is a good profit to be had here. I don't see the sense in pushing the position. I understand the temptation, so leaving a quarter of the original position and making sure protection is in place can be an approach worth considering....257 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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