Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 11.86% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock dropped below the $185.00 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 at 68.3 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 and Qualcomm’s Multibillion-Dollar Legal Dispute Gets Serious
Mon, 11 Jun 2018 09:00:00 +0000
After more than a year of vicious accusations and a flurry of lawsuits and counter claims, Apple Inc. and Qualcomm Inc.’s multibillion-dollar legal dispute is about to get serious. Hearings in the three most important markets — the U.S., China and Germany — will soon determine whether Apple’s attempt to save itself billions in technology licensing payments by forcing one of the world’s biggest chipmakers to change the way it does business is legal. Apple may be the hook for $2.5 billion to $4.5 billion in unpaid fees, based on estimates for the amount per phone the company may be charged, a total that could be equivalent to about one-fifth of Qualcomm’s annual revenue.
[$$] Keep on running: Isa investors with fitbits to pay lower charges
Mon, 11 Jun 2018 04:00:32 +0000
How far would you go to reduce the level of investment charges on your stocks and shares Isa? Investors who go to the gym four times a week, take 12,500 steps a day, or even hit their “goal weight” at Weight Watchers could potentially save hundreds of pounds a year in fees on a new range of products launched on Monday. Now it is offering similar incentives for investors in its new pensions and savings products — meaning those who live healthier lives will pay lower fees.
[$$] Apple and the Art of the Buyback
Sun, 10 Jun 2018 23:43:05 +0000
If Apple does indeed reach a market value of $1 trillion, the accomplishment may be all the more unique given the company’s effort to lighten its massive cash load. Apple has been buying back its own shares at a furious clip since last year’s tax-overhaul package freed up more than $250 billion that the company had accumulated in its offshore bank accounts. Apple repurchased about 137 million shares on the open market during its fiscal second quarter that ended March 31, which is more than triple the pace of buybacks averaged over the previous eight periods.
Google Accidentally ‘Confirms' Expensive Pixel 3
Sun, 10 Jun 2018 23:20:00 +0000
It spotted a January interview on Google’s own blog with Ivy Ross, the company's VP of hardware design, showing the design process for the Pixel 2 and Pixel 2 XL. Ross revealed numerous prototypes and, prior to receiving the Google logo, they are marked with the logo seen on the XDA Forums’ model. If you wish Google had chosen a more original path for its design then you’ll a) be hoping this is an early prototype and there’s still time to change it, or b) resigning yourself to now buying the smaller, notch-less Pixel 3.
iPhone Exclusive: Apple's Radical Design ‘Confirmed'
Sun, 10 Jun 2018 23:20:00 +0000
In May my exclusive story confirmed Apple’s new iPhone line-up and one cancellation. Working in collaboration with popular accessories maker Ghostek, a partnership which previously saw me leak Samsung’s final Galaxy S9 design in December, I have obtained schematics for both the so-called ‘budget iPhone X’ and the super-sized iPhone X Plus.
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