Learn of Today: How to Make Options Work for You in Apple WWDC?

Moomoo Learn joined discussion · Jun 5, 2023 06:24

What’s New

$Apple(AAPL.US)$ has always been a leader in the tech industry, and its new product releases are highly anticipated. Apple’s mixed-reality headset is said to be arriving soon–perhaps unveil at WWDC during the keynote on June 5.

Source: MacRumors

Will Apple MR Headset Be A Hit?

For those of you who are unfamiliar with MR, it is a device that can support both AR (augmented reality) and VR (virtual reality). Apple's MR headset is likely to be the most advanced MR device on the market.

Of course, WWDC isn't just about MR. The annual update of iOS will also welcome its 17th version. Additionally, several new products will be released at this year's event, including a confirmed 15-inch MacBook Air.

MR vs. AI: What's Your Take?

Apple revenue in FY Q2 2023 declined 2.5% YoY with products' revenues down 4.6% YoY. Aside from stock buybacks, what else can Cook do to keep Wall Street happy?

Source: StocksBNB

Millions of users are excitedly trying out AI, and they don't need complex product demos like Meta's metaverse to understand ChatGPT's revolutionary impact. Still, Cook barely mentioned the AI subject during an hour-long earnings call in May when compared to tech competitors: AI was mentioned a total of 168 times by $Meta Platforms(META.US)$, $Alphabet-A(GOOGL.US)$, $Microsoft(MSFT.US)$, and $Amazon(AMZN.US)$ in their earnings calls over the past month.

Which company's strategy will history favor? It remains to be seen.

Learn of Today

As WWDC approaches, Apple will unveil a host of new software and hardware products that are sure to impact relevant markets to some degree. If you own Apple stock but are worried about how WWDC will affect the market, consider these option strategies:

Long Straddle: If you hold stocks and expect significant price fluctuations but are unsure of the direction of the trend.

Short Straddle: If you hold stocks and expect a security price to make a small movement.