Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 16.55% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $4.29 would be incurred if the stock dropped below the $95.00 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 52.94 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
[$$] What Do The World's Top Watchmakers Think of Apple Watch?
Fri, 12 Sep 2014 05:17:08 GMT
The Wall Street Journal – What does Switzerland's fabled watch industry make of the Apple Watch? Not much, according to industry experts.
‘Who Is U2?’ Ask ITunes Users Miffed at Apple’s Giveaway
Fri, 12 Sep 2014 04:01:00 GMT
Echoing The iPhone, The Apple Watch Will Capture The Lion's Share Of Smartwatch Revenue
Fri, 12 Sep 2014 01:44:00 GMT
Forbes – One of the interesting breakdowns in the smartphone world is to look at a company's share of the total profit in the space. This is an area where Apple's performance is immensely successful. Following the reveal of the Apple Watch, it's clear that Tim Cook is looking to replicate that financial strategy with the Apple Watch.
Banks Did It Apple’s Way in Payments by Mobile
Fri, 12 Sep 2014 01:11:55 GMT
Tech Savvy: Determining the success or failure of the Apple Watch
Fri, 12 Sep 2014 00:49:00 GMT
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