This Apple Trade Captures Profit In Either Direction The iPhone Maker’s Stock Flies

September 2, 2026

Apple (AAPL) stock is on the radar, and it appears to have income potential on the upside and a healthy profit zone on the downside. For this scenario, the options strategy is called a broken-wing butterfly. The strategy uses puts because a short strike will be below the stock price. This helps to reduce assignment risk.  In a regular butterfly…

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