Schwab Network on $AAPL (Nov 4, 2026)

This is not like trading in Apple stock.

And we have Apple as your third option. We've had a lot of conversations recently, mostly prior to the earnings report, about whether it's an anti-AI business or a defensive option in this area.

What is your view of Apple and the results we obtained from it?

You know, that's exactly what I'm looking at here. This, as you know, is buying an Apple specifically today. Apple, once again, is the defensive option, but it has also turned into a full-blown "gamma squeeze".

What this basically means is that trading has started to shift towards Apple. The opening bell rang this morning. Individual traders saw this, and began rushing in to buy Apple call options, and we went up.

But how does buying Apple now differ from buying a stock like Walmart? Well, it's a very defensive option. As I said, this is like a trilogy, so to speak, in terms of lack of innovation.

Tell me, how are your iPhone duos doing now? The profits punished the stock, well, a few days ago. And here we are, at historic record levels, and once again, the largest market capitalization in the S&P 500 is not taking it seriously.

I simply cannot accept that. I believe there is a presentation that goes back to a fundamental source. We are transferring capital for entirely the wrong reasons, to anything that again lacks innovation and artificial intelligence.

The market will realize this within the next two months. But this last phrase is the important part: the next two months. This is not a short-term deal. I will go back to the option expiry date of January 15th, and I will buy put options at 335.

I will buy put options at 335, and sell put options at 325. It is a put option spread of a full $10, executed at a cost of $3.15. Although this stock has risen very quickly so far, it is likely to fall even lower.

But look, the bottom line is that we need the underlying asset to be below 325, below 325 from now until the end of January. This is highly likely to occur as liquidity moves in and out of these sectors.

But Apple, once again, is one of those stocks that is hitting historic highs for the wrong reasons, in my opinion.

Good. So, we are standing right at these historic record levels. We have another level, 354.33 today. Apple's stock rose by about 6% after a potentially negative reaction to its earnings report and holiday quarter outlook.

Apple is also significantly behind. I mean, unfortunately, Siri can't handle more than the basics like setting a reminder or timer at this stage. So, I'm really curious to see where this is headed in the coming days, because part of the earnings report said they were trying to invest more in Siri's AI capabilities.

However, here, these old record levels that we saw near 340 or 345 have now been broken. We are on our way to overcoming it here. The price is currently close to those record levels, close to those old levels around 350 that we previously recorded in recent weeks.

So, an interesting situation as we begin this post-election trading system now. So, we can see that our white trend line here, which passes through these benchmark levels, has been decisively broken to a large extent at this point.

So, the next moving averages we will look at are the 5-day and 21-day moving averages that meet again. These levels reach around 342, from which the price has bounced so far today.

We will have to watch to see if it will continue to hold out. We've also returned to our blue channel here. Our upward trajectory remains intact. The Relative Strength Index (RSI) still shows that we have a long-term red trend line that we have not yet reached, despite our rapid crossover downwards and then upwards above the midline at 50 here.

So, expect that to happen if your outlook is optimistic, or expect the index to stumble again and fall below 50 if your outlook is pessimistic. So, the volume nodes here, around 335 and 343, were the standout areas.

Now, we move to this area with less intense trading, which makes sense. We haven't spent much time at these higher levels here, but they could be support zones if we start moving downwards.

So, these areas around 343 and 335 are our places to observe from a size perspective.

Good. Currently, we have Apple stock back at a new high. We are a little below it, but we touched it today. We are currently at 351.17, up nearly 6% in the session.