Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $116.00 short put and a strike $111.00 long put offers a potential 27.55% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $116.00 by expiration. The full premium credit of $1.08 would be kept by the premium seller. The risk of $3.92 would be incurred if the stock dropped below the $111.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Apple is bullish and the probability of a rise 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Apple
Nokia shares fall on patent dispute with Apple
Thu, 22 Dec 2016 10:40:52 GMT
Nokia shares fall on patent dispute with Apple
Thu, 22 Dec 2016 10:38:46 GMT
Reuters – HELSINKI/BELGRADE (Reuters) – Nokia shares fell more than 4 percent on Thursday as analysts warned a legal battle with Apple could delay for years royalty payments that are vital to shoring up the Finnish company's profits. Nokia's patent licence contract with Apple expires at the end of the year. This week, both sides have taken legal action – with Nokia accusing Apple of violating some technology patents and Apple complaining of being overcharged – suggesting a new deal will be hard to agree.
Nokia shares fall on patent dispute with Apple
Thu, 22 Dec 2016 10:35:30 GMT
Reuters – HELSINKI/BELGRADE (Reuters) – Nokia (NOKIA.HE) shares fell more than 4 percent on Thursday as analysts warned a legal battle with Apple (AAPL.O) could delay for years royalty payments that are vital to shoring up the Finnish company's profits. Nokia's patent license contract with Apple expires at the end of the year. This week, both sides have taken legal action – with Nokia accusing Apple of violating some technology patents and Apple complaining of being overcharged – suggesting a new deal will be hard to agree.
Nokia shares fall on patent dispute with Apple
Thu, 22 Dec 2016 10:35:30 GMT
Nokia sues Apple over patents
Thu, 22 Dec 2016 10:27:07 GMT
AAP – Finland's Nokia Corp is suing Apple Inc, accusing the iPhone maker of violating 32 technology patents. Apple sued Acacia Research Corp and Conversant Intellectual Property Management Inc on Tuesday, accusing them of colluding with Nokia to extract and extort exorbitant revenues unfairly and anti competitively from Apple. “Since agreeing a license covering some patents from the Nokia Technologies portfolio in 2011, Apple has declined subsequent offers made by Nokia to license other of its patented inventions which are used by many of Apple's products,” Nokia said in a statement.
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