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Chicago Apple Income System

|Includes: Apple Inc. (AAPL)

Many investors who own Apple would like to have a consistent way to add income without losing much upside appreciation.

Our system sells covered calls using the monthly and weekly options. The system is: 1/ use Bollinger bands for the last week and month to identify the likely range of the stock, 2/ evaluate pe range for the last quarter, 3/ when stock is the upper quarter of the band and pe range value the current monthly and weekly in the money and closest out of the money call, 4/ find the call that is most overpriced to sell.