Wall Street gains buoy stocks in light May Day trading; oil falls

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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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