Apple (AAPL) Offering Possible 11.11% Return Over the Next 6 Calendar Days

Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 11.11% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $185.00 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 73.7 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

Apple Slides on Report Suppliers Prepping for Sharply Lower iPhone Orders
Fri, 08 Jun 2018 09:54:00 +0000
shares fell sharply in pre-market trading Friday following a report that the tech giant has warned companies in its supply chain to expect a steep drop in iPhone component orders into the second half of the year. Japan's Nikkei Business Review said suppliers were asked to prepare for an order flow of components based on the sale of 80 million new iPhones, a figure that would be around 20% lower than the 100 million figure used last year to prepare for the sale of new iPhone 8, iPhone 8 Plus and iPhone X units. Apple is reportedly preparing three new handsets for its traditional September launch, two with iPhone X-like organic light-emitting diode (OLED) screens and one with a traditional liquid crystal display screen used in the iPhone 8.

G-7, Apple, Ant Financial and Facebook – 5 Things You Must Know
Fri, 08 Jun 2018 09:45:00 +0000
U.S. stock futures fell on Friday, June 8, and shares in Europe and Asia tumbled as markets braced for what promises to be a fiery meeting of G-7 leaders in Quebec City that could ignite another series of trade war skirmishes among the world's biggest economies. Donald Trump lashed out at both Canadian Prime Minister Justin Trudeau and his closest European ally, President Emmanuel Macron of France, in a series of tweets that suggested the two-day summit that begins Friday will produce little in the way of broader consensus and may indeed harden positions on trade and other key issues among officials in Washington. Trump accused both France and Canada of imposing massive tariffs on U.S. goods.

Apple Drops After Report on iPhone Order Cut
Fri, 08 Jun 2018 09:03:16 +0000
Apple Inc.’s Frankfurt-listed shares and Europe-based suppliers declined after a report that the technology giant has warned its supply chain of a drop of around 20 percent in new iPhone component orders….

Foxconn Industrial Internet Soars in Shanghai Debut
Fri, 08 Jun 2018 01:36:18 +0000
Foxconn Industrial Internet Co. soared in its Shanghai debut, a thumbs-up for billionaire Terry Gou’s ambitions of nurturing a smart-factory division to help his company emerge from under Apple Inc.’s wing. The company, which raised 27.1 billion yuan in mainland China’s largest initial public offering since 2015, is now the largest tech company listed in Shanghai or Shenzhen, pipping previous title-holder Hangzhou Hikvision Digital Technology Co. The Hon Hai Precision Industry Co. unit’s coming-out party was one of the most anticipated of 2018, drawing demand for 290 times the shares for sale and attracting powerhouse investors from Alibaba Group Holding Ltd. to Tencent Holdings Ltd. FII is now tasked with leading a drive into the “smart” manufacturing of higher-margin widgets from servers to Internet of Things devices.

New MacBook Pro Leak Reveals Apple's Innovative Failure
Thu, 07 Jun 2018 23:46:00 +0000
In Apple’s push forward to create a new design paradigm for its macOS-powered laptop, it switched over the ports on the MacBook to USB-C, including the power adaptor. Previously, the MagSafe connector allowed you to connect your power supply to your MacBook, but if cable had any pressure applied to it, it would simply pop out of your MacBook. The magnetic connection was strong enough to hold the connectors in place, but weak enough that someone tripping over your cable pull the connector to the floor, not the entire MacBook.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.