Apple's most recent trend suggests a bearish bias. One trading opportunity on Apple is a Bear Call Spread using a strike $212.50 short call and a strike $217.50 long call offers a potential 10.86% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $212.50 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock rose above the $217.50 long call 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 down which suggests that the medium-term momentum for Apple is bearish.
The RSI indicator is at 45.37 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
Here’s how to easily reduce your investment risk just at the right time
Thu, 08 Nov 2018 10:45:00 +0000
Mike Loewengart of E-Trade discusses equal-weighted and bond ETFs, and actively managed funds for diversification.
Apple supplier AAC Tech third-quarter profit dives 29 percent
Thu, 08 Nov 2018 05:01:00 +0000
By Sijia Jiang HONG KONG (Reuters) – AAC Technologies Holdings Inc, an acoustic components supplier to Apple Inc, on Thursday reported a drop of 28.7 percent to 973 million yuan ($140.38 million) in quarterly …
Apple supplier AAC Tech Q3 profit dives 29 pct
Thu, 08 Nov 2018 04:39:41 +0000
AAC Technologies Holdings Inc , an acoustic components supplier to Apple Inc , on Thursday reported a drop of 28.7 percent to 973 million yuan in quarterly net profit, dented by lacklustre iPhone sales …
Apple Opens First Store in Thailand Saturday
Thu, 08 Nov 2018 04:30:00 +0000
Apple® Iconsiam will open Saturday in Bangkok on the shores of the Chao Phraya, welcoming both locals and visitors to experience the best of Apple in Thailand for the first time. The store will feature Apple’s full line of products including iPhone® XS, iPhone XR and Apple Watch® Series 4, and will invite visitors to pursue their creative passions with free Today at Apple® sessions. “Bangkok is a cultural and economic destination for the entire region and home to millions of passionate Apple customers,” said Angela Ahrendts, Apple’s senior vice president of Retail.
3 Top Large-Cap Stocks to Buy Right Now
Thu, 08 Nov 2018 04:11:00 +0000
Mature companies could offer a relative safe haven for investors in the months ahead. These three solid stocks stand out.
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