Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $155.00 short put and a strike $145.00 long put offers a potential 12.49% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $1.11 would be kept by the premium seller. The risk of $8.89 would be incurred if the stock dropped below the $145.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Apple is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Apple is bullish.
The RSI indicator is at 67.33 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Apple
Apple's Cook says he disagrees with Trump, vows donations to rights groups
Thu, 17 Aug 2017 09:50:28 +0000
“I disagree with the president and others who believe that there is a moral equivalence between white supremacists and Nazis, and those who oppose them by standing up for human rights. Equating the two runs counter to our ideals as Americans,” Cook wrote in a note late on Wednesday to employees, according to technology news website Recode. Cook also said in the letter that Apple will donate $1 million a piece to the Southern Poverty Law Center and the Anti-Defamation League and will match two-for-one their donations to the organizations and other human rights groups until Sept. 30.
Apple CEO Cook Criticizes Trump's Remarks
Thu, 17 Aug 2017 08:08:00 +0000
Apple will makes donations to Southern Poverty Law Center and the Anti-Defamation League
Sonova plays catch up with Danish rivals on hearing-aid tech
Thu, 17 Aug 2017 07:53:44 +0000
Sonova on Thursday launched a new hearing aid microchip capable of streaming audio directly from wireless mobile devices as the Swiss company aims to close the gap to Danish competitors that pioneered similar technology years ago. Sonova, the world's biggest hearing aid maker, was criticised for missing an opportunity with tech-savvy Baby Boomers when rival GN Store Nord introduced direct-streaming hearing aids for Apple devices in 2014. Sonova now aims to compete on that turf with a 2.4 GHz chip that enables direct streaming from not just Apple but most other Bluetooth-equipped devices as well, including those running Google's Android system and conventional cell phones.
[$$] Trump business councils disbanded after resignations
Thu, 17 Aug 2017 07:51:48 +0000
Donald Trump's high-level business advisory groups have fallen apart after chief executives walked away in protest against the president's failure to clearly denounce white supremacist violence in Charlottesville …
[$$] Apple's Cook Joins Business Leaders Criticizing Trump's Remarks
Thu, 17 Aug 2017 06:23:49 +0000
Apple CEO Tim Cook joined the chorus of business leaders criticizing President Trump’s response to Saturday’s deadly white-supremacist protests and said the company would donate money to battle hate groups….
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