A close below $138.00 will target $120 or lower before August expiration and would create an opportunity to add to an already profitable position taken on June 9th, or to initiate a new position for a quick triple digit return. Apple earnings are due out July 26th, so this is probably a 30 day or less trade. Add-On or New Trade Pending: AAPL Sell Signal on a close below $138.00 Option: Aug 19th $140P (7.80-7.90) Targets: AAPL < $120; Aug 19th $140P > $20.00 Initial Trade: June 9th:
