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Apple Options Traders Bet Big The Tech Rally Will Continue

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Mon, Apr 12, 2021 11:00 AM

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04/12/2021 Â Â | Â Â --------------------------------------------------------------- Apple Inc.

[The Option Specialist]( 04/12/2021   |   [View in browser]( --------------------------------------------------------------- [Apple Options Traders Bet Big The Tech Rally Will Continue]( Apple Inc. (NASDAQ:AAPL) stock closed 2.36% higher Monday and has risen 5% over the last four trading sessions following a seven-week-long tech rout. Just before the market close Monday afternoon, a few options traders made some large bets Apple stock will continue its upward trajectory over the coming weeks and months. The call sweeps and blocks purchased within the last 2 minutes of trading Monday total more than $7.58 million and range in expiry date from April 30 to Sept. 17. [More...]( SPONSORED CONTENT [Legendary "Tarheel Trader" Reveals $5,000 Income Trick]( A legendary Tarheel trader claims she can show anyone how to pull down $5,000, $10,000 even as much as $20,000 a month in income thanks to her "backwoods" trading technique. She's giving away this method for free until Sunday. [Instant access here...]( [Roku Options Traders May Be Betting Big On 'Roku Recommends' Product]( Roku Inc. (NASDAQ:ROKU) is in the preparation phase of a new promotional product called Roku Recommends, according to a report published Tuesday by DigiDay, an online trade magazine. The new product is a video advertisement that will be sponsored by a brand and play on Roku's platform when a customer clicks a pop-up on their TV screen, according to the report, which cited three unnamed advertising executives. Brands are reportedly being asked to pay in the low to mid-six figure range for the advertisement. The product is set to roll out in the second or third quarter of this year, according to DigiDay. Option Traders may be betting the news report will become reality in the first half of the second quarter, as Tuesday's bullish bets all have a May 21 expiry. [Read more...]( [These Stocks Seem Expensive Now, But In Two Years You May Wish You'd Bought Them At These Prices]( You might be cautious about investing in companies with lofty price-to-earnings ratios as some benchmark indexes are hitting up against all-time highs. But that type of thinking could cost you money. Companies with high P/E valuations may be able to continue to grow sales quickly, boosting earnings in the process. And that could lead to higher share prices, even though the S&P 500 SPX, +0.77% hit a new intraday high April 6 and the Nasdaq COMP, +0.51% reached a new high Feb. 19. The time frame under discussion is a minimum of two to three years. This period is expected by economists and investment analysts to represent a return to growth in the economy and a rebound in corporate earnings. Meanwhile, the Federal Reserve has pledged to keep interest rates very low. Here is a list of stocks whose P/E ratios (based on current share prices) will decline significantly over the next several years if analysts' estimates are accurate. [Article continues...]( [With That $1,400 Stimulus Check, People Weigh 'Revenge Spending' To Saving And Investing]( On any given day, the line outside the Gucci boutique at the Mall at Short Hills in N.J. winds around the second floor nearly to the escalator. Among the shoppers waiting to enter are Gucci's typical clientele as well as new customers who just became $1,400 richer. "Stimulus has definitely been beneficial," said Cowen & Co. retail analyst Oliver Chen. As the economy picks up and the market notches new highs, aspirational purchases, such as handbags, belts and footwear - particularly those with big, recognizable logos - are gaining momentum, Chen said, fueled by the latest round of direct payments authorized by Congress and President Joe Biden through the American Rescue Plan. [Click to continue reading this article...]( [37 States That Don't Tax Social Security Benefits]( Your Social Security benefits will probably serve as an important source of income once you retire. And one way to stretch those benefits is to limit the amount of taxes you pay on them. Depending on your income, you may be subject to federal taxes on your benefits. But the state you retire in will dictate whether you're taxed on your benefits at the state level. [More here...]( SPONSORED CONTENT [You Could Make $300 to $1100 Per Contract With This Simple Trade]( Imagine getting really good at mastering just ONE simple trade. A trade that appears like clockwork between 9:30-10:45am on most trading days. This free step-by-step guide, by options expert, Dave Acquino, shows you how to spot and take these trades so you can walk away with daily profits! [CLICK HERE for instant access.]( --------------------------------------------------------------- [The Option Specialist]( Send this to a Friend. [Click here.]( | Not a Subscriber Yet? [Click here.]( All content © 2021 The Option Specialist Neptune Ave, 300 Main Street #711, Madison, NJ 07940 USA Welcome to The Option Specialist, an e-mail service that replaces many of our previous alerts. We hope you enjoy it. If you do not wish to receive this email service, please [click here to unsubscribe](. [Privacy Policy]( --------------------------------------------------------------- © Copyright 2021 The Option Specialist, All rights reserved. All content made available to you through our services are subject to and protected by copyright. Legal disclaimer: The Option Specialist is strictly a research publishing firm and much of the information we publish in email and our various websites are obtained from sources we believe to be reliable. You should know that accuracy can never be guaranteed. We do not design our content to meet your personal situation & you need to know we are absolutely not financial advisors and we never, under any circumstance give our users personalized advice. Every single opinion we express herein are those of the publisher and are subject to change without notice. Published content may become outdated and there is no obligation to update any such information. Sponsored emails like this in The Option Specialist or our other publications contain paid advertisements and don't necessarily endorse or recommend it to you or any investor. Neither the company nor our affiliates bear responsibility or control over the content of the advertisement and the product or service offered. Proceed at your own risk... If you wish to contact us, please do not reply to this message but instead e-mail us at support@theoptionspecialist.com. Replies to this message may not be read or responded to. We are unable to respond to emails and phone calls requesting personal financial advice.

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