Week 23 of 2008 trading is finished. Examine the following year-to-date performance.

Apple	NASDAQ	S&P 500	Dow Jones
-6.51%	0.00%	-3.52%	-3.92%

Now, compare that performance to the AppleOption Portfolios!

AppleOption Short-Term Portfolio (STP)
      Started the January 2008 with $10,000
      Current portfolio value $21,200.56 (after commission/fees)
      Year-to-Date Gain 112.0%

AppleOption Long-Term Portfolio (LTP)
      Started the January 2008 with $25,000
      Current portfolio value $30,428.91 (after commission/fees)
      Year-to-Date Gain 21.7%

AppleOption Auto-Trade Portfolio (ATP)
      Started the June 2008 with $10,000
      Current portfolio value $10,000.00 (after commission/fees)
      Performance since Inception Starting Next Week!

If you are not yet a member of AppleOption, sign-up today and discover how we trade. We’ll teach you by showing all of our portfolio trades in real-time. Join AppleOption Now!
 

Weekly Review of Portfolio Trades
     

AppleOption Short-Term Portfolio

It was a busy week for the Short-Term Portfolio! The STP patiently waited till Wednesday to Take Out Callers as Apple became range bound around $185. With the money the STP made from these trades we entered a new long call. It only took two days for this position to gain 37.5% at which point we collected our profit! In the meantime, Apple rallied to allow the portfolio to sell covers heading into the WWDC. The STP even took a chance with Puts bought Thursday before the close and exited Friday morning with a quick $400 gain! Our last attempt for the week was an unsuccessful effort tobuy puts. All in all, a fantastic week for the Short-Term Portfolio.

AppleOption Long-Term Portfolio

The LTP took advantage of similar opportunities that the STP capitalized on. Wednesday, the LTP took out callers gaining $1,740. The portfolio then re-sold calls to create an excellent balance between delta and theta heading into the WWDC weekend. The LTP continues to grow in a safe slow manner on a good track for the year!

AppleOption Auto Trade Portfolio

It’s here! AppleOption’s newest portfolio is an Auto Trade Portfolio (ATP) through ThinkorSwim. Many traders are excited to utilize the AppleOption trading style and have expressed great interest in autotrading. Investors interested in following the AppleOption Auto Trade Portfolio will need to open a ThinkorSwim brokerage account. Investors will also need an active AppleOption Membership. After both of these are set-up, then investors will be ready to activate the auto-trading service through ThinkorSwim. Each trader determines his/her individual risk tolerance by selecting a specific allocation type. For more information please refer to the AppleOption Auto-Trade Portfolio (ATP) page.

 
Technical Apple Review
     

Key Reference Points:
5-EMA: $186.51
20-EMA: $183.72
50-MA: $171.56
1st Resistance: $189 - triple
1st Support: $180.90 - triple

     

Apple News:

MacNN.com has released a series of early photos from Moscone the location of the WWDC.

Apple has become the world’s #3 smartphone provider, behind Nokia and Research in Motion. However, in the United States Apple has claimed #2 only behind Research in Motion.

Forbes.com has been stalking the iPhone and captured a picture of a ton of boxes at a Quanta.

     
Up-Coming Earning Reports:

Apple will announce Quarter 3 earnings on July 24 (after July option expiration).

View which other companies releasing earnings next week
None of these reports should have a great influence on the general market.

     
Apple Analyst Ratings:

AppleOption knows there will be major changes to the Apple share price on Monday after the WWDC. To help protect our Short-Term Portfolio, we will again purchase a few Puts before the close.

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Yesterday the AppleOption STP purchased 2 contracts of Apple Puts. Today we are taking our profits, with a total gain of $400.

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AppleOption on Wednesday bought a contract that has gained 37.5% in two days. We will look to exit this morning before the general market pulls Apple share price down.

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