Options Insight: How to Trade Apple

The video discusses the VIX index and its implications for market volatility, highlighting the unexpected low levels over the summer and the potential for future elevation. It examines Apple's significant influence on the market, driven by strong iPhone 7 sales, despite challenges in international markets like China and India. The video also explores options trading strategies for Apple stock, emphasizing the use of covered calls to manage risk and capitalize on market movements.

What was the unexpected trend in the VIX index over the summer?

• It fluctuated wildly.

• It was stable and predictable.

• It was low for an extended period.

• It remained high for a long period.

Which company was noted for carrying the market despite other constituents being down?

• Google

• Apple

• Microsoft

• Amazon

What percentage of iPhone sales occur in the US according to the transcript?

• 60%

• 30%

• 40%

• 50%

What is a covered call in the context of options trading?

• Selling a call option while owning the stock

• Selling a put option without owning the stock

• Buying a call option without owning the stock

• Buying a put option while owning the stock

How many times more calls than puts were being traded in Apple according to the transcript?

• Five times

• Three times

• Two times

• Four times