This options strategy can profit off an Apple earnings surprise, Goldman says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

S&P 500 Index News

Apple Inc,Markets,Investment Strategy

Goldman Sachs' derivatives research team shares a trade idea for Apple's earnings report on Aug. 1.

The upcoming earnings report for Apple could create a big market move that options traders can take advantage of, according to Goldman Sachs. John Marshall, head of derivatives research at Goldman, said in a note to clients that the tech giant's earnings report after the bell on Aug. 1 could deliver a positive surprise. " Hardware analyst Michael Ng expects Apple to deliver an EPS beat at upcoming quarterly earnings driven by solid growth expectations for iPad/Mac and Services.

mountain Shares of Apple are up more than 13% year to date. — CNBC's Michael Bloom contributed reporting.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines