The 100 SMA on aapl on a weekly is at about 112. Likely AAPL hits that and rests today or tomorrow. For those who have shares, selling an OCT $120 covered call has NICE premium today!
This expires before earnings and a trader would be able to do another one over earnings. I'm bullish on AAPL longer term, expecting it to hit $150-$160 in the next year. Anticipating this covered call to expire worthless. Here's a free video on #coveredcalls youtube.com/watch?v=vOiK28JLsFo