On Jan 25 I set up a trade in Apple Stock ahead of the earnings to be relesed on January 26 after the markets closed.
On Jan 26 after the close, Apple reported their earnings which were quite good and one of the highest quarterly earnings in their history, but the stock collapsed on the forward guidance from the company that indicated the next quarter was predicted to show a decline in their iPhone sales.
This immediately started a media snowball which ranted about the end of an era for Apple iPhones and the obvious impact of their market saturation. This just added to the decline pressure on the stock.
This worked out beautifully for my trade. But while the trade results were good there are always areas that can be improved upon. This strategy discussion on Apple Stock looks at the recent trade designed to benefit from volatility following the earnings announcement and how it could have been improved.
As well I look at the next trade in Apple Stock which I will be starting next week following the lessons learned from the recent drop in the stock…….This Apple Stock trading strategy discussion is for FullyInformed Members.
For those investors unaware of my goal with Apple Stock trades please Read The Million Dollar Challenge Outline.
Trade Update On Apple Stock – Jan 30 2016
FullyInformed Members can read this Apple Stock trade alert and idea directly through this link or they can sign in to the full members site here. Non-members can join here or discover the benefits of a membership.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.