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HomeMarket NewsThe narrative on Apple is turning bullish. How to trade the iPhone maker with options
Apple rebounded after soft iPhone demand headlines, with bullish signals in MACD, RSI, and EMAs. Nishant Pant suggests a $265-$270 bull call spread for a defined risk trade.
Apple (AAPL) slid roughly 16% from Dec. 1 through early January as headlines fixated on soft iPhone demand. Post-earnings, that narrative has eased. Management signalled a healthier March quarter and resilient demand in Asia, and the stock has started to rebound. Against a backdrop of improving risk sentiment for mega-cap tech (AI spend, easing inflation, and hopes for a friendlier rate path), AAPL's tape is flashing several positive signals.
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