AAPL earnings next Thursday

22 Jan

Apple Q1 earnings are on Thursday 1/30 at 4:30pm. Apple (AAPL) reported earnings of 1.64 per share on revenue of 94.93 billion for Q4 ending September 2024. The consensus earnings estimate was 1.49 per share on revenue of 94.48 billion. The company beat expectations by 0.61% while revenue grew 6.07% on a year-over-year basis.

The company said during its conference call it expects Q1 revenue to grow in the low to mid-single digits, or revenue of approximately 120.77 billion to 128.54 billion with gross margins of 46.0% to 47.0%, which calculates to earnings of approximately 2.19 to 2.47 per share.

This long AAPL trade idea is based off SMA200 support at 221, RSI is oversold and it's printing a bullish reversal hammer this morning. Therefore, it's a great long entry position with low risk & high probability, heading into earnings on next Thursday.

Q1 consensus:
EPS = 2.36
Revenue = 124.1 B
SMA200 = 221

Trade idea:
long = 222
stop = 219
profit = 240

Options data:

1/31 expiry
Put Volume Total 10,866
Call Volume Total 25,128
Put/Call Volume Ratio 0.43
Put Open Interest Total 76,428
Call Open Interest Total 126,251
Put/Call Open Interest Ratio 0.61

2/21 expiry
Put Volume Total 3,441
Call Volume Total 11,700
Put/Call Volume Ratio 0.29
Put Open Interest Total 224,398
Call Open Interest Total 315,905
Put/Call Open Interest Ratio 0.71

3/21 expiry
Put Volume Total 2,008
Call Volume Total 12,900
Put/Call Volume Ratio 0.16
Put Open Interest Total 298,306
Call Open Interest Total 317,092
Put/Call Open Interest Ratio 0.94

27 Jan

Catatan

28 Jan

Trading ditutup: target tercapai