Assuming you are familiar with options and have an option facility, you can short (Nov 20) $100 puts, Nov 20 is after Nov 4 Assigned price is slightly less than $95 - 50% fib retracement. Two possible outcome:
Assign at $95
Keep premium equivalent to annual yield = 31% far better than return of S&P and NASDAQ.
Don’t know about any short term stuff. One big upside about Apple is their chip design prowess. I have said it many times. Apple has the BEST silicon team in the world. That enables them to do all sorts of things that nobody else can do. Like making smart glasses that don’t suck. That requires powerful and very power efficient chips. Only Apple can do those.
Servify, a Mumbai-headquartered startup that operates a device lifecycle management platform and works deeply with brands, including Apple and Samsung, in a number of geographies, has raised $23 million in a new financing round.
After the long stock market rally came under increasing pressure, IBD changed the market direction to “correction” on Wednesday. But on Thursday and especially Friday, the stock market rebounded. The Nasdaq composite could confirm a new uptrend any day. A slew of leading stocks are setting up or flashing bullish rebounds or early entries.
I got AAPL at $105, TSLA at $330 and $370, RUN at $57, TDOC, DOCU, PYPL($175) accumulated. Just holding appx 8% of total. These are hold until next big dip like Sep 2, 2020.
“Apple, Amazon, Alphabet and Facebook can credibly argue that they’re our national champions that help small businesses thrive,” said Cramer, who said he is in favor of giving favorable treatment to the companies to give the U.S. a competitive edge over other nations. “That’s a compelling argument.”
JC against breaking up MAGA.
“These companies have created riches beyond belief, both for themselves and their shareholders. I think we should let them keep doing that.”
Yes to
Alphabet, Amazon, Apple and Facebook are the epitome of America’s might in the internet, e-commerce, telecommunications and social media fields.
“While they’ve crushed some competitors, they’ve also created entire industries that are filled with small businesses.”