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There's no doubt that Apple Inc. (Nasdaq: AAPL) is a fantastic long-term hold. Its growth prospects are excellent, and it will hit $200 a share on its way to being the world's first trillion-dollar company.
That will be great for shareholders when it happens, but it's going to take more than a year to hit those milestones.
But I'm going to show you an easy-to-make trade that made my Money Calendar Alert Members as much as 175% in the 11 days it took shareholders to book just 2.46%.
That's right – a play like this can bring you triple-digit runaway gains in mere days, all while the stock moves just a few points.
Here's exactly how we did it…
Wall Street Missed This
Apple is an essential holding for growth investors. It's got proven performance and uncommon potential.
Here's how it's performed during this earnings season – the most profitable time of year for traders like me.
This chart hints at our Apple trading strategy.
You see, those holding Apple have done well, but options traders have benefitted even more.
Some have even made it a habit of trading Apple daily – maybe we could even say an Apple trade a day keeps losses at bay – but being nimble and ready to trade support and resistance and other really short technical patterns or signals is in their best interest.
Now, it's important to note right now that I am not here to make a day trader out of you. Day trading is fine, but I can't recommend it for beginners or even intermediate investors. Even for advanced traders, it takes nerve and skill to make day trading pay off over the long term, and we should never "trade over our heads" or our comfort level.
With that said, here's how our Apple trade set up on July 9.
How We Made the Trade
About the Author
Tom Gentile is one of the world's foremost authorities on stock, futures and options trading.
With more than 25 years' experience trading stocks, futures, and options, Tom's style of trading systems and strategies are designed to help individual investors propel themselves past 99 percent of the trading crowd.