It was just a week ago that I was selling options for income in Apple Stock. With the trade over as the put options were bought and closed for a few pennies, there is still time for another trade before earnings are released on Oct 30.
Selling Options For Consistent Income
Over the past 8 years, selling options for income in Apple Stock (AAPL) has provided a consistent and steady income stream for my portfolio as well as for paying day-to-day bills.
The stock is continuing to flirt with higher valuations as more analysts have jumped on the “Buy Apple Stock band wagon”. Of the 55 analysts who are posting their outlook for the stock only 2 have the stock as underperform and 14 have the stock as a strong buy.
Apple Stock (AAPL) Chart 2019
For the year you can clearly see the push higher in the stock. Since the break out on Sep 6 the stock is showing few signs of dipping back to retest the $210 valuation which contained the stock’s rise back in May and June. Volume remains steady although looking at the chart you can see that most investors are in the stock below $200 with a large number of investors holding shares between $140 to $160.
The rest of this Apple Stock article, including trade details is for members.
The rest of this Apple Stock article is for FullyInformed Members.
Selling Options For Income In Apple Stock (AAPL) – Trade Alerts for Oct 15 2019
Apple Stock Internal Links
Apple Stock External Links
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.