Thursday, November 1, 2018

Buy Apple ahead of earnings today?

"Felt lucky" ahead of Facebook (FB) earnings and put on an options trade. Apple 1-month implied volatility is pretty rich ahead of earnings -- nearly 2.5 standard deviations above its 1-year mean.

Since the end of September, Apple is down 2.85%; Apple is down 3.94% since the end of August.

Possible bounceback trade here in one of the best quality value "tech" stocks in the Nasdaq 100?



Submitted November 01, 2018 at 08:12AM by QuantalyticsResearch https://ift.tt/2qpzeEZ

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