In Monday’s Blitz Daily with Lance Ippolito, we take another look at computing cornerstone Apple after a spike in options activity.
Stocks came hot out of the gate to start Monday as the tech-heavy Nasdaq jumped as much as 1.7% from Friday’s closing price.
Shares of Apple led the charge up the charts after The Wall Street Journal reported the top tech firm has contacted its manufacturers outside of China about increasing production.
On its most recent earnings call, CEO Tim Cook warned April’s COVID-19 lockdowns in the Shanghai region could impact second-quarter revenue by as much $8 billion.
The news helped spike Apple shares as much as 4% during Monday’s session, with bullish buyers pouring into the options chain!
And if you’re looking for more supercharged options action, I have six more trades waiting inside…
My team and I have been working on a brand-new trading indicator for the better part of this year…
We’ve code-named this initiative “Project X.” But before we roll it out as a full-blown trading strategy, we need to make sure the system is as rock solid as we believe it to be…
So far, our system has signaled winning positions in TSLA, AMD, COIN, UPST and PYPL.
Now I want to take our testing to the next level — and I need your help!
I’m looking for around 100 traders interested in beta testing this new indicator over the next couple of months.
Of course, I don’t expect traders to jump in sight unseen, so I’ve put together a small demonstration on how it works…
*Past performance is not indicative of any future results. Trade at your own risk. From Feb. 25, 2022, through May 4, 2022, five winning positions were issued while four remain open. The average rate of return was 38.33% over a seven-day hold time.
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Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
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