Still Bullish on AAPL? Capturing Profits with a Butterfly Strategy – www.ONN.tv Reports

June 8, 2009

CHICAGO, June 8 /PRNewswire/ — Kevin Cook, options instructor for www.ONN.tv , welcomes Dan Keegan of The Chicago School of Trading to look at one way to play Apple with an out-of-the-money call butterfly strategy. Keegan made this trade recommendation in mid-May when share prices were still below $130, reaping a sizable gain on a $0.43 per share investment as AAPL rallied above $145. In a short video session including profit-and-loss graphics, Cook and Keegan breakdown the risk/reward of the butterfly strategy. It’s a great lesson that can be applied to any stock on which investors are moderately bullish and want to strictly limit their risk.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090323/AQM046LOGO)

This video can be found on www.ONN.tv (http://www.onn.tv) under the “Street Smart” tab on the home page or directly from this link (if this link doesn’t work, copy and paste the following into your browser: http://www.onn.tv/pr/Still_Bullish_on_AAPL_.html).

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Source: newswire

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