Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $116.00 short put and a strike $111.00 long put offers a potential 32.63% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $116.00 by expiration. The full premium credit of $1.23 would be kept by the premium seller. The risk of $3.77 would be incurred if the stock dropped below the $111.00 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
Google is nowhere near Europe’s biggest problem
Wed, 26 Nov 2014 09:01:27 GMT
Apple Raises Russia IPhone Price 25% After Ruble Drops
Wed, 26 Nov 2014 08:20:46 GMT
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Wed, 26 Nov 2014 06:56:00 GMT
Forbes – Taiwan has spawned global high-tech giants such as the world’s largest contract chip maker TSMC and Apple device assembler Hon Hai Precision. One day they needed cash to get going, and today the island dubbed a hub for high-tech hardware has its share of startups such as a 3D printing outfits and people building apps with help
Why Apple's Market Cap Will Keep Growing
Wed, 26 Nov 2014 01:11:58 GMT
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Wed, 26 Nov 2014 00:25:00 GMT
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