The last trade in Apple Stock where I was selling options for income was on Nov 13.
Of the three trades done on Nov 13, the first trade was close earlier this week and I am setting up two new trades today.
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.
Apple Stock continues to be pushed by analysts despite the rapid rise in the stock this year. Next earnings are Jan 27 which are expected to continue to add to the balance sheet with revenue expected to be $87.9 billion, up $3.6 billion over the same quarter in 2019. Earnings are expected to come in at $4.51 a share versus $4.18 from the first quarter of 2019. This is a jump of 7.8% which is huge for Apple.
The rest of this Apple Stock article is for FullyInformed Members.
Selling Options For Income In Apple Stock (AAPL) – Two Trade Alerts for Nov 21 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.