I am posting this direction reliant strategy for earnings.
The idea is to acquire call options above price in the 320 to 325 strikes (long and bullish)
And to acquire put options at 305 and below
The material for one aspect of this publication is to put 57,000 worth of capital in the trade divided between both directions to ensure a net gain whether it goes up or down.
Because of the nearly 85% move YoY in AAPL we feel that it would be useful to demonstrate what would happen if the trade were weighted for more of a 4.5% decline and that is the "short trade" portion
Also keep in mind that it is better to be balanced and represent both bulls and bears that is of course because the 300.00 as a natural ceiling has been proven wrong ever since it broke out and the stock was valued at over 1.2 Trillion
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