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 27.55% return on risk over the next 19 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 $1.08 would be kept by the premium seller. The risk of $3.92 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
[$$] Apple to Issue Bonds in Euros
Tue, 04 Nov 2014 08:47:29 GMT
Apple smartwatch unlikely to be launched before spring 2015
Tue, 04 Nov 2014 07:51:57 GMT
[$$] Apple Considers a New Bond Sale
Tue, 04 Nov 2014 06:50:10 GMT
The Wall Street Journal – Apple is considering its first-ever nondollar bond issue, potentially building on a track record of blockbuster deals.
[$$] Apple, Google Set Disney Video Deal
Tue, 04 Nov 2014 06:48:30 GMT
The Wall Street Journal – Apple Inc. and Google Inc. will allow consumers who buy a Disney movie from either of their online stores to watch it on smartphones, tablets and other digital devices that run their rival’s operating …
[$$] The Worm in Apple Pay
Tue, 04 Nov 2014 06:47:50 GMT
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