Apple (AAPL) keeps trying to make a run at $220 per share. I think it eventually will get there, probably tomorrow after Jay Powell is done speaking. It's been strong all week, it just cannot seem to make the final hurdle.
Again, I think it's coming and I like owning calls in AAPL. The Sep6 $215 calls cost less than $3.00. I think they are a nice potential ROI if AAPL does indeed get the pop I am looking for.
The trade:
Buy to open 1 AAPL Sep6 $215 for $2.95
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At the time of publication, Mark Sebastian had no position in the securities mentioned.