Friday, 8 August 2014

Exit point

This is mostly a reminder of when to exit my long call options to limit my losses. For AAPL, if the share price goes below $90. This means the trend for it might have reversed and is on its way down.

For BBRY, I'm setting the exit point at $8 per share. If it actually goes down that low, something is definitely wrong. So if it goes below $8/share, sell the shares.

Hopefully they don't go that low but I feel like we're entering into a small bearish trend. So if they go that low, time to reverse positions and short em.

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