Reported 2 days ago
As Apple approaches its earnings report on October 30, shares are near record highs, buoyed by strong demand for the new iPhone 17 and positive sentiment in the markets. Analysts at Evercore suggest an options trade to capitalize on this momentum, recommending buying Apple December 260 calls at $8.35. This strategy positions investors for potential gains as Apple’s stock typically performs well during the holiday season.
Source: YAHOO