Week 32 of 2008 trading displayed a huge rally for Apple stock! Examine the following year-to-date performance.

Apple	NASDAQ	S&P 500	Dow Jones
-17.11%	-7.53%	-10.6%	-10.26%

Now, compare that performance to the AppleOption Portfolios!

AppleOption Short-Term Portfolio (STP)
      Started the January 2008 with $10,000
      Current portfolio value $8,965.23 (after commission/fees)
      Year-to-Date Loss -10.4%

AppleOption Long-Term Portfolio (LTP)
      Started the January 2008 with $25,000
      Current portfolio value $20,030.97 (after commission/fees)
      Year-to-Date Loss -19.8%

AppleOption Auto-Trade Portfolio (ATP)
      Minimum Allocation: $1,500 per trade or max of 12.5% of account value
      Minimum Account Value: $12,000 provides 8 allocations
      Average Percentage Gain per Trade: 15.2%
      Performance since Inception: 75% Winning Trades
      Number of Open Trades: 1

** Members can view all current portfolio holdings by viewing the Members-Only Page then selecting the Account View: Current Portfolio.

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

The STP was the most active portfolio this week as we sought to slowly increase our leverage against our callers. We are positioned nicely heading into option expiration week. This week we posted trade updates by day the order was placed. Click here to learn more about the trades placed on Monday, Tuesday, Wednesday, Thursday, and Friday.

AppleOption Long-Term Portfolio

The LTP had little to do this week. Our Theta is high and we are patiently waiting to collect premium as we head into the option expiration week! The LTP did place one trade which is an adjustment to our out-of-the-money LEAPS.

AppleOption Auto Trade Portfolio

The ATP had a fantastic week! We opened 3 trades and have already closed 2 of them down for profit. The first profitable trade this week was opened on Monday and closed on Tuesday for a 19.2% gain. The second trade was opened Wednesday before the close and sold Thursday at the open for a quick 16.6% gain. The third trade which is currently open was taken on Friday after Apple’s enormus rally this week. The ATP continues to maintain a 75% winning trade average, with an average trade gain of 15.2%!

There is a lot of excitement about our newest portfolio. The AppleOption Auto Trade Portfolio (ATP) is offered through ThinkorSwim. Investors interested in following the AppleOption Auto Trade Portfolio will need to open a ThinkorSwim brokerage account as well as 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: $164.00
20-EMA: $163.92
50-MA: $171.90
200-MA: $164.23
1st Resistance: $178.30 - triple
2nd Resistance: $187.70 - single
1st Support: $161.70 - triple
2nd Support: $152.70 - single

     
Up-Coming Earning Reports:

Apple will announce Quarter 4 earnings on Wednesday October 22.

View which other companies releasing earnings next week

Monday, Aug 11th
    - McDermott - MDR

Tuesday, Aug 12th
    - NVIDIA - NVDA

Wednesday, Aug 13th
    - Deere - DE

Thursday, Aug 14th
    - Wal-Mart - WMT
    - Autodesk ADSK
    - Wal-Mart - WMT

Friday, Aug 15th
    - Abercrombie - ANF

     
Analysis Reports:

None yet for August

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