AAPL Hits a New, All-Time High: Buy the Rumor, Sell the News

2023-06-05 / Danielle Shay

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Apple has made a new, all-time high off of the backs of multiple squeezes plus a news-related move into the developers conference. However, what occurs after big moves, especially news-related ones, is generally a pullback. In this video, I am going to demonstrate how I set up a bearish butterfly to participate in the ‘sell the news’ part of the move.

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Danielle Shay

Danielle Shay is a self-made trader, market analyst, and director of options at Simpler Trading. Initially drawn to trading for financial freedom and to support her son, she now teaches, trades, and provides market commentary. With a background in teaching, Danielle aims to simplify trading concepts for all skill levels. She is a regular expert guest on media outlets like CNBC, Fox News, and Yahoo Finance. Her primary trading focus is on relative strength setups using equity options, stocks, and ETFs. She contributed to John Carter's "Mastering the Trade" and champions the belief, "If I can do it, you can do it!".

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