AAPL , Advanced Trade Setup - Apple Spread Option Analysis
We are entering a long position in AAPL using option calls. There are many ways you can go long for this play, but we strongly feel AAPL will hit around $170, so a pure call is our play.
For those who want a safer route we suggest either just getting the stock on spot, or enter into spread options.
Our strike is $155 with a Dec. 16th expiration. Though we do also like $160 strike too for a cheaper price, with the same expiration.
This is a swing trade, and with the current market conditions this entry seems at a perfect point.
With September - the worst trading month of the year - ending, we like the place that AAPL has fallen to. A head of us we have better performing months, coupled with the synthetic push up that usually occurs after Thanksgiving, added with a new iphone released seems positive. This seems it could create extra fuel for an equity that has already had a decent drop, and leveling out.
Today we had the SP drop hard, accompanied by Forex, Gold, and Crypto. During this time AAPL rose slightly, so seeming these other markets probably have stopped the fall for now, it looks this could add to the entry time being opportune.
For those who want a safer route we suggest either just getting the stock on spot, or enter into spread options.
Our strike is $155 with a Dec. 16th expiration. Though we do also like $160 strike too for a cheaper price, with the same expiration.
This is a swing trade, and with the current market conditions this entry seems at a perfect point.
With September - the worst trading month of the year - ending, we like the place that AAPL has fallen to. A head of us we have better performing months, coupled with the synthetic push up that usually occurs after Thanksgiving, added with a new iphone released seems positive. This seems it could create extra fuel for an equity that has already had a decent drop, and leveling out.
Today we had the SP drop hard, accompanied by Forex, Gold, and Crypto. During this time AAPL rose slightly, so seeming these other markets probably have stopped the fall for now, it looks this could add to the entry time being opportune.
Trade active:
📰🚀 We Just Entered AAPL Long this morning. The Drop on some negative news today we feel this is perfect timing, giving a better entry, and forming a near term bottom.
Trade active:
📈 We are ADDING TO OUR POSITION. Adding more Calls at $150 strike, Dec. 16th exp.