Apple investors are quiet this morning,
filled with fear and anxiety over AAPL's
quarterly earnings announcement happening
this afternoon after the market closes.

Last time AAPL announced earnings, the
stock did a massive 54 point gap down.
Will that happen again?

Investors main concern is the slowing growth
for AAPL fundamentally and a lack of new
product innovation.

At 4pm Today, I am hosting a free live event
to cover the announcement. Register for Free
at AAPLTrader.com

Where will AAPL be tomorrow morning?

The AAPLTrader community is hosting a contest to see who can guess where AAPL will open tomorrow morning. Big prizes go to the winner. Make sure you get your guess in before the market closes today.

To calculate the expected range of an AAPL earnings gap, you can take the price of the at the money call for AAPL and add it to the price of the at the money put (both options are for the weekly options expiring this week. Right now the calls are trading for $16.00 and the puts are trading for $13.20. Add these two numbers together and you get the expected range of an AAPL earnings gap which is $29.20 in either direction.

This could bring us as high as $430 tomorrow or as low as $370. Above is a 3 month daily chart showing the gap range with a grey rectangle.

As many of my long term subscribers know, I will be safely sitting on the sidelines today and will look for a safe place get back into AAPL for a swing trade using the perfect setup technique here at AAPLTrader.

Trade Safe,
Micah