Trade of the Week: AAPL | Investors Alley

Trade of the Week: AAPL

October 22, 2024 6:00 am by Jay Soloff

Subscribe to all of Jay Soloff’s free trading research

This week, we are doing a covered call analysis on Apple (AAPL). The stock price has been pretty steady over the last few months.

In the meantime, volatility has started to move higher as earnings will be released at the end of the month.

These factors may provide a solid setup for a covered call trade.

We are looking at AAPL because there is a single stock covered call ETF from YieldMax, APLY, which could be (or could not be) an interesting addition to the portfolio in my ETF Income Trader service.

New! Weekly Dividends

I just shared two new weekly paying dividend stocks with my ETF investors. Every week like clockwork you get dividends added to your account from these same two stocks... over and over and over. They’re part of an even larger portfolio filled with dividend-payers with yields upwards of over 100% and there are new ones added every month.

Click here for details.

Information contained in this email and websites maintained by Magnifi Communities LLC are provided for educational purposes only and are neither an offer nor a recommendation to buy or sell any security, options on equities, or cryptocurrency. Magnifi Communities LLC and its affiliates may hold a position in any of the companies mentioned. Magnifi Communities LLC is neither a registered investment adviser nor a broker-dealer and does not provide customized or personalized recommendations. Any one-on-one coaching or similar products or services offered by or through Magnifi Communities LLC does not provide or constitute personal advice, does not take into consideration and is not based on the unique or specific needs, objectives or financial circumstances of any person, and is intended for education purposes only. Past performance is not necessarily indicative of future results. No trading strategy is risk free. Trading and investing involve substantial risk, and you may lose the entire amount of your principal investment or more. You should trade or invest only “risk capital” - money you can afford to lose. Trading and investing is not appropriate for everyone. We urge you to conduct your own research and due diligence and obtain professional advice from your personal financial adviser or investment broker before making any investment decision.

Investors Alley, a division of TIFIN Group LLC, is affiliated with Magnifi via common ownership. Investors Alley will receive cash compensation for referrals of clients who open accounts with Magnifi.

Magnifi LLC does not charge advisory fees or transaction fees for non-managed accounts. Clients who elect to have Magnifi LLC manage all or a portion of their account will be charged an advisory fee. Magnifi LLC receives compensation from product sponsors related to recommendations. Other fees and charges may apply.

Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk.

Mutual Funds and Exchange Traded Funds (ETFs) are sold by prospectus. Please consider the investment objectives, risks, charges, and expenses carefully before investing. The prospectus, which contains this and other information about the investment company, can be obtained from the Fund Company or your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.

Trade of the Week: AAPL

New! Weekly Dividends