Options Corner: AAPL Earnings Ahead

Rick Ducat looks at the chart of Apple (AAPL) as investors await the iPhone makers next earnings report. He shows that Apple is underperforming the rest of the combined Mag 7 group this year, but highlights the recent upward channel leading to new all-time highs this week. Later, Tom White illustrates an example options strategy for Apple using an iron condor. He explains why the trade "needs a move" and takes advantage of a lower implied volatility.

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