AAPL - Bullish earnings , expected move to $155 Happy weekend traders! I am bullish on apple earnings, so here is my analysis. On Thursday, July 22, 2021 there was some notable buying of 82,115 contracts of the $150.00 call expiring on Friday, July 30, 2021. Option traders are pricing in a 4.2%, which would put the stock at about $155 post ER. *Dont go too far out of the money, if you play earnings as IV crush will get you. Hope you banked on my NFLX ER short idea. Cheers!
Optionsflow
Cost - head and shoulders pattern played out, ER run up?Friday, We closed below the pivot point and 50 sma. Bullish note - backtested the previous breakout point from July 10-30 consolidation area. The next level of support is $321.12. On Friday, over 7000 $340 calls were bought. 5% implied earning move, play the run up to ER. Good Luck!