Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $210.00 short put and a strike $200.00 long put offers a potential 14.42% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $1.26 would be kept by the premium seller. The risk of $8.74 would be incurred if the stock dropped below the $200.00 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.
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 to Release Low-Cost, Hi-Res Retina MacBook This Year: Report
Tue, 21 Aug 2018 08:54:00 +0000
Apple Inc. ( AAPL) is set to launch two new Mac computers later this year, people familiar with the matter have told Bloomberg. Apple plans to roll out a more affordable laptop that looks similar to the MacBook Air. Sources said the display will have thinner bezels, be about 13-inches in size and feature Apple’s higher-resolution “Retina” technology that the company usually uses on other products.
Apple Said to Plan Revamped Low-Cost Macs
Tue, 21 Aug 2018 00:46:58 +0000
Aug.20 — Apple Inc. will release a new low-cost laptop and a professional-focused upgrade to the Mac mini desktop later this year, according to people familiar with the plans. Bloomberg's Mark Gurman has more on "Bloomberg Technology."
1 Sign a New Apple Watch Is Coming
Mon, 20 Aug 2018 23:36:00 +0000
Apple appears intent on capitalizing on the massive momentum it is seeing in wearables.
Tesla investor: There couldn't be a better time for Apple to invest in Tesla
Mon, 20 Aug 2018 22:59:00 +0000
Tesla investor Ross Gerber said the carmaker's problems are mostly operational, which is Apple CEO Tim Cook's area of expertise. Apple AAPL should buy a stake in Tesla TSLA now for the sake of both companies, Tesla investor Ross Gerber told CNBC on Monday.
The Top Tech Takeaways From the 13F Season
Mon, 20 Aug 2018 22:54:57 +0000
Aug.20 — Big tech is at a bit of a crossroads, still making gains this year but not without some pullbacks in the market. Jim Suva, managing director at Citigroup, weighs in on two of the biggest tech names impacting the market: Apple and Tesla.
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