Apple’s most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $115.00 short put and a strike $110.00 long put offers a potential 24.07% 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 $115.00 by expiration. The full premium credit of $0.97 would be kept by the premium seller. The risk of $4.03 would be incurred if the stock dropped below the $110.00 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 63.75 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
Dow Jones Futures: Stock Market Rally Eyes Record Highs; Tesla Surges Near Buy Point, While Nio Erases 8% Plunge On Earnings
Wed, 18 Nov 2020 04:50:10 +0000
Dow Jones futures were in focus Tuesday, as the stock market rally eyes record highs. Tesla surged near a buy point, while Nio dived on earnings.
The Changing Face of Fitness
Tue, 17 Nov 2020 22:59:00 +0000
To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. Joining me this week, he’s the Head Analyst with MyWallSt, where their aim is to help you own your financial future through investing — and you can learn more about that at MyWallSt.com — it’s Mr. Rory Carron.
Dow Jones Stocks To Buy And Watch In November 2020: Apple, Microsoft Offer New Buy Points
Tue, 17 Nov 2020 22:33:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in November 2020.
Apple’s New Mac Chip Is Winning Raves. Here’s What It Means for Investors.
Tue, 17 Nov 2020 19:38:00 +0000
The new design from Apple called the M1 is based on technology from Arm Holdings, and is a departure from Intel semiconductors.
Warren Buffett Stocks: What’s Inside Berkshire Hathaway’s Portfolio?
Tue, 17 Nov 2020 19:34:15 +0000
You must keep up on Warren Buffett stocks: The Berkshire Hathaway chief sticks to a winning investing formula, but he does not sit still.
Follow Us on Facebook