Apple (AAPL) shares consolidating in a multi-week bull wedge under recent highs and setting up well for a breakout and run through $150. Shares held the 21-EMA on the recent earnings gap down and forming a series of higher lows since early July. A breakout targets $160 with both MACD and RSI reset a bit from recent overbought extremes, a name that could run. AAPL has seen a lot of bull flow recently including in the March $110 and $115 calls, the August $147 and $148 calls, and the October $165 and $170 calls.

Trade to Consider: Long the AAPL September $150 Calls for $2.45 or Better