Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $108.00 short put and a strike $103.00 long put offers a potential 19.9% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $108.00 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $4.17 would be incurred if the stock dropped below the $103.00 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
Is It Too Late To Buy Apple Inc.?
Mon, 10 Nov 2014 09:03:30 GMT
[$$] Conventional Credit Cards Have Features People Want
Mon, 10 Nov 2014 06:37:34 GMT
New tool released by Apple will allow former iPhone users to disable iMessage
Mon, 10 Nov 2014 06:21:23 GMT
Apple TV Control, Zulu, Cyanotech: Intellectual Property
Mon, 10 Nov 2014 05:00:22 GMT
Bloomberg – Apple Inc. (AAPL) , maker of the iPhone and iPad, was awarded a patent for a wand-like device that can control a television set through gestures. The wand could also include a touch screen, touch pad or touch strip, Apple said. Apple applied for the patent in December 2007, with the assistance of Schwegman Lundberg & Woessner PA of Minneapolis . Zulu Social Aid & Pleasure Club Inc., one of New Orleans’s carnival clubs, sued one of its former associate members for trademark infringement over a Facebook page.
The coolest ways to pay without a wallet
Mon, 10 Nov 2014 04:59:00 GMT
CNNMoney.com – From washing machines without quarters to electronic cards that combine all your plastic, we take a look at the future of digital payments.
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