Apple reports after the bell. Options traders expect a big move

Source: press CNBC•

Apple reports after the bell. Options traders expect a big move

There are stocks. There are bonds. And then there is Apple. The tech behemoth is an asset class. The iPhone maker has a fortress balance sheet, a vice-like grip on its markets, and 20 years after the first iPhone release, still remains cool. But that doesn't mean the stock can get pushed around…

There are stocks. There are bonds. And then there is Apple. The tech behemoth is an asset class. The iPhone maker has a fortress balance sheet, a vice-like grip on its markets, and 20 years after the first iPhone release, still remains cool.

But that doesn't mean the stock can get pushed around on earnings.

What this article says