6 Ways To Play Apple's Earnings

Apple (AAPL) reports earnings on Tuesday, April 24, 2012, after the market close. There are many ways to play earnings. Some people would bet on the direction of the stock movement after the announcement and then buy or short the stock. Others will buy call or put options.

My opinion is that predicting the market reaction to earnings is an extremely difficult task. In the case of Apple, the options expiration is just few days after the announcement, so if you are wrong, you are likely to experience a very big loss.