Apple has huge business operations in China. I decided to sell another 100 shares of Apple (AAPL).
1/21/20 – Buy 100 Shares AAPL @ $317.50
2/13/20 – Sell 100 Shares AAPL @ 325.08
Profit +$758
There is growing concern that China isn’t being completely transparent about progress being made with the coronavirus. I decided to get out of AAPL because they rely so much on their China operation. At this point the only position I have with AAPL is in my Pillar of Strength Portfolio. I will continue to hold this position long term.
Successful Trading,
Steve
The Options Coach