Apple has 33 PE but is growing 8-10% per year and just laid off people because of potential TRUMP tariff issues.
RSI is high enough me to take a bear put spread on. credit call spread should work just as well.
any deep dips in apple below the 200 moving averages are worth buying in my opnion with unlevered shares.
analysts expect apple to earn 20.85 by 2031, and will make apple worth 400-500 in future.
but for now, its worth a bear spread for me. market is looking like a sellers market in short term. if Im wrong, i have defined risk by using the spread.
RSI is high enough me to take a bear put spread on. credit call spread should work just as well.
any deep dips in apple below the 200 moving averages are worth buying in my opnion with unlevered shares.
analysts expect apple to earn 20.85 by 2031, and will make apple worth 400-500 in future.
but for now, its worth a bear spread for me. market is looking like a sellers market in short term. if Im wrong, i have defined risk by using the spread.
Trade closed: target reached
spread worked, took profit, will look to re enter , will make a new post if so. Note
I re- entered short call spread againNote
closed another winner bear spread in apple, will look to re- enter on a rise. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.