Apple Shares Rangebound Post-Earnings: Options Strategy to Profit
Market
C
CNBC TV18•28-01-2026, 10:34
Apple Shares Rangebound Post-Earnings: Options Strategy to Profit
- •Apple (AAPL) shares have dropped 15% in a month, trading between $245 support and $260-$265 resistance.
- •AAPL is set to report earnings on January 29, with options premiums rising due to anticipated volatility.
- •The options market predicts a $10.49 post-earnings move, but historical data shows AAPL often stays within expected ranges.
- •An 'earnings iron condor' strategy is proposed, involving selling out-of-the-money call and put spreads.
- •The strategy targets a profit of $140 per contract if AAPL stays between $245 and $265 by January 30.
Why It Matters: An iron condor options strategy can profit from Apple's range-bound movement post-earnings.
✦
More like this
Loading more articles...
