Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 34.41% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $1.28 would be kept by the premium seller. The risk of $3.72 would be incurred if the stock dropped below the $95.00 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
How Cheap Can High Tech Get?
Mon, 25 Aug 2014 10:38:00 GMT
[$$] Apple's Next Act for the iPad
Mon, 25 Aug 2014 04:36:41 GMT
The Wall Street Journal – Sales have been falling for Apple's pioneering tablet, but the iPad still plays an important role.
Apple-Google consumer rivalry moves to business
Sun, 24 Aug 2014 13:39:45 GMT
Apple CarPlay in Trouble
Sun, 24 Aug 2014 13:29:09 GMT
For Apple Consumers, the iPhone Thrill Is Gone
Sun, 24 Aug 2014 12:00:00 GMT
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