While the Apple revenue for the last quarter may not have been stellar, the decision to split the stock 7 to 1 has certainly moved the stock higher. On April 23 Apple Stock closed at $524.75. On May 2nd it closed at $592.58 a rise of 12.9%.  On April 30 the stock reach $599.43 intraday. This is the highest level since November 2012. If you look at the chart below for the past four years you can see just how impressive this rally in the stock has been. Now back at $600.00 the stock looks set to possibly pull back as it encounters a lot more resistance.

Apple Stock 3 Year Chart

The chart below shows just how impressive the rally has been since the stock split announcement.

Apple Stock four-year Chart

Apple Stock four-year Chart

This article discusses the latest trade in the Apple Stock biweekly Put Selling strategy as the goal is to still aim for the trade to compound to a million dollars within 4 years.

Apple Stock Biweekly Put Selling Trade for May 2 2014

This article is a trade alert and strategy discussion of today’s trade in Apple Stock. FullyInformed Members can can read this Apple Stock biweekly Put Selling trade alert directly through this link or Members can sign in to the full members site here. Non-members can join here.

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