Apple (AAPL) volatility increases as shares near record high into Q2 EPS and outlook

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Bullish Options Trade Targets ~5% Upside in Apple (AAPL) Ahead of Earnings Announcement AMC -Susquehanna

May 2, 2017 1:57 PM EDT

Susquehanna options strategists Alison Edwards notes bullish options activity in Apple (NASDAQ: AAPL) ahead of the company's earnings announcement after the close, as an opening investor bought ~21,000 May 155 Calls, potentially target 5% more upside in the shares by mid-May.

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Cowen Reiterates Outperform Rating and $155 PT on Apple (AAPL) Ahead of FQ2 Report; 'Better iPhone ASP on Continued Strong Shift Toward 7+'

May 1, 2017 6:25 AM EDT

Cowen reiterates Outperform rating and $155 price target on Apple (NASDAQ: AAPL) ahead of the company's 2017 fiscal second quarter report.

Analyst notes revenues and EPS estimates for the company at $53B/$2.02 with upside to $54.6B/$2.14 on better iPhone ASP, while commodity and component price... More