This week’s Apple trading strategies (11/25-11/29)

A place for Apple traders and investors to share their best ideas.

To get things rolling, here’s scary Kara Swisher raking Tim Cook over the coals for letting Trump’s Austin tweet stand uncorrected:

Having never owned or traded Apple, I have nothing to add. Don’t blame me if you drain your IRA doing something you read about here.

See also: Last week’s Apple trading strategies


  1. Kathy Corby said:
    In market lingo, Apple has “come off overbought conditions.” In other words, the smart money (investment funds, hedge funds, pension funds, and endowments) has stopped buying for a few days so that the dumb money (us) can sell and take profits, driving the price down to a point where the smart money can again begin to re-accumulate. This results in what technical analysts call “a bull flag “ on the chart. Probabilities favor another leg up, although perhaps less steep and less high. It likely makes sense to start buying again, or at least taking bullish options trades, when the upward trend resumes. And remember, The stock price only rarely reflects the actual value of the company, and probabilities are not certainties. My two cents, FWIW.

    November 24, 2019
  2. Gregg Thurman said:
    Not anticipating a further decline ($260 – $261 seems to be the bottom/support) in AAPL I purchased DEC $262.50/$265 Call Spreads at $1.23 (inc fees) on Friday.

    Normally I’d buy on Monday but I’ll be visiting airports tomorrow. The DEC expiry is due to a historical pop about a week after the Thanksgiving break.

    Just in case I’m wrong I also have Puts for DEC. I will dump one or the other depending on AAPL’s direction with the goal of making 15% to 20% ROI on the trades. In a perfect scenario AAPL will seesaw and I’ll profit on both trades. Unfortunately I’m rarely perfect.

    November 24, 2019
  3. John Konopka said:
    Wow, what happened today. At the last minute there was a spike in volume and the price dropped a few dollars. Like an ambush.

    November 26, 2019

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