Rocket Equities & Options - AAPL Call 10-29-20
AAPL $117 Call
We're purchasing a slightly out of the money AAPL call into earnings tonight. AAPL is already up more than 4% today, yet the opportunity for an explosion higher on their new iPhone and the 5g super cycle is worth a small bet.
Options are pricing in a $4.46 move into earnings tonight.
Buy Oct 30th $117 call. It's trading at $2.46. Our breakeven is $119.46. AAPL is trading at $116.40.
Options are pricing in a $4.46 move into earnings tonight.
Buy Oct 30th $117 call. It's trading at $2.46. Our breakeven is $119.46. AAPL is trading at $116.40.