Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $144.00 short put and a strike $139.00 long put offers a potential 33.33% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $144.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock dropped below the $139.00 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 30.28 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
[$$] From Music to Maps, How Apple's iPhone Changed Business
Fri, 23 Jun 2017 09:55:51 +0000
Apple’s iPhone, and the smartphone boom that followed, gave rise to whole new industries, laid waste to others and forced new business models. As the device turns 10, we take stock of its impact.
These 5 Dow Stocks Are Near Buy Points; S&P 500 Futures Up
Fri, 23 Jun 2017 09:28:49 +0000
Stock futures edged higher Friday morning. Investors should watch base-building Apple, JPMorgan Chase, Home Depot, American Express and Merck.
Tech Stocks from Briefing.com
Fri, 23 Jun 2017 09:00:21 +0000
Tech Stocks from Briefing.com
Apple Is Tops On the List of Big Tech Stocks You Must Sell Before the Summer Correction
Fri, 23 Jun 2017 04:30:00 +0000
Here is everyone.
[$$] Apple Scraps Like an Underdog in Second Biggest Mobile Market
Fri, 23 Jun 2017 04:18:39 +0000
Apple is helping third-party re-sellers, mulling new flagship stores and firing up app-development centers in India as it runs to catch up in one of the world’s biggest smartphone markets.
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