Ok a little trouble this week all did not go as planned the SPY put trade worked great 4% and the AAPL call 7%, OK so far but here is the rest of the story. The AAPL put spread for 27% gain I had a choice to make Friday risk having the stock put to me and I could not except that much risk or money invested.  Close the position out at twice my premium (remember my rules) or more or roll it into next week.  I announced and posted in the Fast Money Trading room that I was going to roll into next week going from the 595/600 AAPL puts which was expiring to the 590/595 AAPL puts expiring next Friday hopefully for even.  I worked out perfectly  and I was able to roll for 1.47 credit.  That is I bot back my AAPL 595/600 and sold next weeks AAPL 590/595 for the same price.  So what does that mean?  First I am still in the AAPL spread but have extended it into next Friday and rolled it to a lower spread all for no money outlay. I have gone from receiving a .27 cr to a 1.47 credit.  Interesting to see what takes place next week, will I have the same decisions to make next week.  We'll have to wait and see.  That is a long time to me


 Overall Im am still bullish on the SPY and AAPL. Are you making money? If not why not trade with me. Remember the goal is to make money NOT lose money . . . Duh . . . . . . . Take a look and see how Slow Money Option Trading went https://docs.google.com/spreadsheet/ccc key=0AjgjBJLwH3rdERid3A0RE1GRFlyaHB0S0VxbHc0Vnc&authkey=COb7xdMJ Remember if your not a paid up member of the Fast MoneyTradingTeam you will not get the weekly Slow Money Option recommendations. Yes, I expect to publish Wednesday,Thursday or Friday my weekly option trade to the paid up members.