
It’s been a while since we last used our Free Stock Accumulation strategy but now is the perfect time to bring it back. As you can see from the chart of Apple, the stock is trading nicely between a well-defined trading channel. Support for the stock is around the 420 level and the resistance is up around 460 bringing us to the gap fill target. The strategy is to sell the 420 puts in AAPL and collect the premium.