Options Oracle: 09/07/13


Selling this credit put spread gives you a chance to collect a cash premium that will be applied to the purchase of Geron Shares (Ticker: GERN). Our initial risk will be in the Apple position, but should the stock stay above $470 between now and expiration day, we will be long GERN risk free. The first step is to sell the credit put spread for $2.10. Once you have done that, you will then be able to take the cash you’ve collected from the sale of the spread and go shopping with it.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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