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 6.38% return on risk over the next 30 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 $0.60 would be kept by the premium seller. The risk of $9.40 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's iPhone 6 And 6 Plus Lead-Times Have Started To Shorten
Fri, 21 Nov 2014 08:35:00 GMT
Advice From Apple Suppliers: Stay Flexible
Fri, 21 Nov 2014 05:12:11 GMT
The Wall Street Journal – As Apple Inc.’s sapphire-screen supplier has sought bankruptcy protection, many of the device maker’s contractors in Asia have watched with more pity than fear.
Apple Pay Among Systems That Need Regulation, BB&T’s King Says
Fri, 21 Nov 2014 05:00:01 GMT
Samsung Will Get Apple's Next iPhone Business; TSMC, iPad, iPhone 6C: Bernstein
Fri, 21 Nov 2014 02:07:00 GMT
Barrons.com – Samsung Electronics (005930.KS/SSNLF) is ahead of Taiwan Semiconductor Manufacturing Corp. (2330.TW/TSM), or TSMC, in the FinFET technology race, according to Bernstein Research. As a result, Apple (AAPL) …
Apple to Xiaomi: Talk Is Cheap
Fri, 21 Nov 2014 01:14:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook