In today’s touts, I’ve detailed a plan to leg into a butterfly spread in Apple that would leverage a longstanding target at $315. The strategy will seem complicated initially, but once you get immersed you’ll be better able to understand the beauty of this type of position, which can potentially give us a riskless play to $315. From my perspective, it would be a thrill just to be able to say someday that I’d guided a bunch of traders, many of them option novices, to a fat profit in Apple by “legging on the ‘fly.” It’ll be an adventure!
