AAPL is bearish for the next few months, however, this trade is valid for 2 - 3 days. For options traders selling PE is the best bet by taking advantage of VIX falling as the stock gains higher. The final price /target is valid with a positive outcome in the earnings. However, on the daily chart, AAPL is bearish until $148 due to recent Fed updates on interest hike. Hence be careful.
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