Below is a daily chart of Apple Inc. (AAPL).
Trade: Consider buying Dec (12/1) $165/175 bull call spread for a limit of $6.50/share (which has positive time decay).
Technical Setup: Retest on r20-MA daily, bullish weekly and monthly.
Option Strategy: Bull Call Debit Spread (BCS).
Stop Loss: $169.55.
Greg Capra
Managing Director of Master Trader
Pristine’s Founder and Creator of the Pristine Method
Dan Gibby
Chief Options Strategist
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