Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 5.71% 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 $110.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $9.46 would be incurred if the stock dropped below the $100.00 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 partners with major app developers to raise money for AIDS research
Mon, 24 Nov 2014 08:23:00 GMT
Apple launches massive two-week (RED) campaign
Mon, 24 Nov 2014 02:33:24 GMT
Apple Announces World AIDS Day 2014 Campaign for (RED)
Mon, 24 Nov 2014 02:00:00 GMT
Business Wire – To mark World AIDS Day 2014, Apple® and leading app developers are inviting customers to help achieve the goal of an AIDS-free generation. For the next two weeks, a special section of the App Store℠ called Apps for will offer 25 apps with exclusive new content where all proceeds will go directly to the Global Fund to fight AIDS.
Samsung Mulls Management Shake-Up After Profit Hit: News Report
Mon, 24 Nov 2014 01:32:00 GMT
How eight billionaires played Apple last quarter
Sun, 23 Nov 2014 16:46:51 GMT
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