Trading Options with an Edge
Select Page

Member Content

Trade Idea in Apple (AAPL)

by | Aug 8, 2021

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

Not a Member yet?
Subscribe to
OptionsHawk Premium
Subscribe

Options Hawk Max

$300 | 30 days

  • Options Hawk Trading Hub Live Chat
  • Hawk’s Market Blitz
  • Spotlight Trades (2 Per Week)
  • Market Recap
  • Weekly Earnings Snapshots
  • Live Mock Portfolio
  • 1 on 1 Access
  • Hawk’s Trader Toolbox
  • Street Research
  • OptionsHawk Research
  • Daily Options Radar
  • OptionHawk’s Weekly Radar Report
  • Options Hawk Market Outlook Access
  • Daily Earnings Grid
  • Weekly and Monthly OpEx Sheets
  • Notable Options Database
  • OptionsHawk Quarterly Market Brief

More About this Plan

Options Hawk Elite

$149 | 30 days

  • Hawk’s Market Blitz
  • Spotlight Trades (2 Per Week)
  • Market Recap
  • Weekly Earnings Snapshots
  • OptionsHawk Research
  • Daily Options Radar
  • OptionHawk’s Weekly Radar Report
  • Options Hawk Market Outlook Access
  • Daily Earnings Grid
  • OptionsHawk Quarterly Market Brief

More About this Plan