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Berger: How to trade Apple ahead of FY results
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Apple is due to announce full year results. Serge Berger reveals the strategy he'll adopt for trading the tech giant's stock. Apple is currently trading around 97.67 USD with some analysts predicting the stock price could double in years to come.
Serge takes on board that a company with the world's largest market cap will always attract what some would describe as outlandish expectations but notes that the firm has been trending higher.
Serge outlines using stock options, puts and put spreads for example to make the most of the volatility usually created around the release of earnings.