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 are the implications of the strong iPhone 7 orders mentioned in the text?

What strategy is suggested for reducing risk when trading Apple stock?