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Kim

How Apple Tricked The Options Traders

By Kim, in General Board

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Kim    7,943

Kim
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Over the last few years, Apple used to report earnings during the week after the monthly options expiration, meaning the fourth week of the first month of the earnings cycle (January, April, July and October). This cycle was expected to be no different. However, two days ago Apple surprised the trading community and announced that they will report earnings on Monday, October 28. What does it mean for the options traders?

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