The Morning Trade: AAPL

Apple (AAPL) shares are higher following an earnings beat. "It's essentially a victory lap for Tim Cook," says Marley Kayden. She and Jenny Horne break down the numbers, including its Greater China revenue segment up 28%. Marley also underlines Apple's guidance showing "no signs of deceleration." Later, Dan Deming provides an example options strategy for Apple. He says the stock is at "an interesting price level" before walking through an example iron condor trade using defined risk.

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