【Options】Sell Put AAPL after Apple event!
$苹果(AAPL)$ I don’t want to talk about the new products. Let’s move to how to trade.
I sold puts at the strike price of $160 last night. That means I would like to buy the shares at $160.
Why is $160？
We can see from the chart below. There is a gap at $165-170, which need to make up. The MA200-day line is around $164, and the MA50-week line is around $162. So I chose the price of $160.
It is worth mentioning that the 200-day line and 50-week line did not act supports in history. However, I personally still have confidence in Apple's solid moat, I am willing to buy the shares at this price.
Although Apple have fallen a lot in the past few days, it has dropped 13% from its highs. But the stock price still rise as high as 35% year-to-date. In March, there was a leaving gap around $145.
So my plan is that sell puts at $160 now, if the options exercise, I will sell more puts at $145.
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Now my only worry is will the apple online store be able to handle the massive buying traffic on Friday night. Hope they have scaled it up to cope.
The new optical zoom and gaming capabilities of ipro max are amazing.
these two features alone could drive 300m-400m new sales and upgrades in 2024.
Price increase on ipro max and increased NEW buyers and massive wave of iphone upgraders = expecting double digit revenue growth for 2024.
They have spiked rates every day wothout new dat, smell like technical manipulations. Buy.
Down again wow .I am so glad I sold it ,took some profit and bought better stock .
Every stock is down. There is no where to hide at this point.
India is huge opportunity. but at what sacrifice? watering down components?
I give up. No bounce and rates are basically unchanged.
172.50 will hold, 170 calls 3.80 will print
Yes, i guess it will go down but it will rebound soon!