Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $530.00 short put and a strike $520.00 long put offers a potential 29.87% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $530.00 by expiration. The full premium credit of $2.30 would be kept by the premium seller. The risk of $7.70 would be incurred if the stock dropped below the $520.00 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 59.69 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
Dow Drops As Comcast and Apple Rise (to Netflix's Dislike)
Tue, 25 Mar 2014 03:01:58 GMT
This could send Apple 20 percent higher
Tue, 25 Mar 2014 02:17:06 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/Qr.MG.9Z5alzGqtlSWmcuQ–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@1f0f6a7d-f4b6-36c4-b85c-216d6ee37a6f_FULL.jpg
Wolverton: Don't think an Apple TV service will let you cut ties with Comcast
Tue, 25 Mar 2014 01:33:00 GMT
Can Apple Inc. Effectively Personalize an iWatch?
Tue, 25 Mar 2014 00:05:57 GMT
Motley Fool – Will consumers' demands for unique styling with wearables be a problem for Apple's historical approach to uniform designs?
Time to invest in the death of Net neutrality
Tue, 25 Mar 2014 00:02:00 GMT
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