Apple reports next week. Here's an options trade to capitalize on a possible earnings bounce

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Meta Platforms Inc,International Business Machines Corp,Tesla Inc

Big tech earnings reports have put investors on quite the roller coaster.

Alphabet , Microsoft and Tesla have all moved higher post earnings, while Meta and IBM had opposite reactions by dropping precipitously. Inside of this recent technology, I think it is time to add to a nearly forgotten Magnificent Seven laggard: Apple . Apple is down 11% year to date, and I want to add exposure in a zero-cost manner ahead of its earnings release next Thursday.

Kilburg is long AAPL. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . Click here for the full disclaimer.

 

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