10/7/2017: weekly option idea

1. Apple:

• long call spread Nov Monthly 145~150 with $3.73 (Last Friday's close), any price between $3.7~$3.8 is acceptable 
• The potential gain is $5-$3.8/$3.8 =  31.5% if price close above $150 when option expire
• The potential loss is 100% if price close below $145 when option expire 
• why choose $150?
• $150 is recent iphone launch swoosh down support
• please note the risk of this option trade will expire after apple's Nov earning

2. Celgene:

• long call spread Dec monthly 125~135 with $7.5 (last Friday's close), any price between $7.4~$7.6 is acceptable
• The potential gain is $10-$7.5/$7.5 = 33% if price close above $135 when option expire
• The potential loss is 100% if price close below $125 when option expire 
• Why choose $135?
• The $135 is around 80 days MA support

Note: my recommendation is not for investment purpose, but for illustration and education.