APP
APP · Sep 21, 2026
$330.17
Shares
Prices as of 11:49 PM ET, Sep 21. Check the live quote before you send an order.
The put
Skip
Skip the put. It pays a lot because APP can drop a lot. Wait, or buy shares.
If it goes against you: you buy 100 shares at $320, which after the $1,400 you keep works out to $306.00 a share. Below $306.00 you are down on the trade. From that day the shares take above is the one that applies.
The order, if you sell it anyway
You get$1,400 (limit about $14.00)
If it fallsBuy 100 shares at $320
Cash to hold$32,000
Close earlyBuy back at about $7.00 ($700)
Chance you buy the sharesabout 35 in 100
ContractAPP Oct 16 $320 put
ActionSell to open
In your broker app: open the stock → Trade → Options → Sell to open → pick the contract shown here.
Why skip
The put: Oct 16, $320 strike, 25 days out. Pays $1,400. Roughly a 35-in-100 chance you end up buying the shares.
On paper: 64% a year. That number assumes APP keeps moving like it did the past two years. Take that away and it is -39% a year. That is why we say skip.
Next earnings Nov 4, after this put ends. We never sell a put across a report.
If you already own 100 shares
Income call
For income on APP you already hold: sell the Oct 23 $425 call and take $425 now. If APP climbs to $425 by Oct 23, your 100 shares are sold at $425, so only do it if you're happy selling there.
If it climbs past $425 your 100 shares are sold at $425 and you keep the $425. That is the trade working, not a loss.
The call order
ActionSell to open
ContractAPP Oct 23 $425 call
You get$425 (limit about $4.25)
If it climbsYour 100 shares sell at $425
Chance your shares are soldabout 14 in 100
After removing the trend-68% a year
First take on APP. Result Oct 16. See the record
Everyone sees the same card. It is not advice for you personally. You can lose more than you collect.
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