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Bartosiak: Trading Apple's (AAPL) Earnings with Options

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On Tuesday, January 31st, Apple (AAPL - Free Report) will release its first quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of D.

Dave will look at Apple’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Apple ahead of earnings.

Apple in Focus

Apple Inc. is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Apple Inc. is headquartered in Cupertino, California.

Apple is expected to report earnings at $3.22 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 0.60%. They reported earnings at $1.67 per share, beating their estimate of $1.66. They have an average earnings surprise of 0.11%.

Apple Inc. Price, Consensus and EPS Surprise

Apple Inc. Price, Consensus and EPS Surprise | Apple Inc. Quote

Bottom Line

How should investors play Apple ahead of their earnings report? For insights on the best options trades, then tune in at 9:00am tomorrow to see David’s thoughts.


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