Call Spread on AAPL on 11/1/2012

Apple Inc. (Apple), along with its subsidiaries, is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. It also sells a range of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It also sells and delivers digital content and applications through the iTunes Store, App Store, iBookstore, and Mac App Store. During the year ended November 24, 2011, the Company, as part of a consortium, acquired Nortel Networks Corporation's patent portfolio

Stockwinners is bullish on this name for the following reasons:

1. The stock is almost down 18%  from its all time high
2. The stock bounced off its 200 day moving average yesterday which implies a trend revearsal

Trade: Buy 1 Nov 620/625 Call spread for less than $1.10

• Buy 1 Nov 620 Call for less than 4.80
• Sell 1 Nov 625 Call for less than  3.70

Breakeven & profit/Loss

• Breakeven at 621.10 by Nov expiration
• Profit up to 3.90 between 621.10 to 625, Max profit 3.90 above 625 by nov expiration
• lose up to 1.10 between 621.10to 620, max loss 1.10 below 620

Trade Buy 1 November $620.00 Call at $4.80 Sell 1 November $625.00 Call at $3.70 For a net debit of $1.10 Profit/Loss Analysis Breakeven at $621.10 Maximum profit is $390.00 at strike of $625.00 Maximum loss is ($110.00) at strike of $620.00 Closing Summary Sold 1 November $620.00 Call at $0.00 Bought 1 November $625.00 Call at $0.00

Position closed on 11/21/2012 at price of $0.00 with a -100.00% loss in 20 days.

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