The narrative on Apple is turning bullish. How to trade the iPhone maker with options
Published on 04/02/2026 06:41 AM
The narrative on Apple is turning bullish. How to trade the iPhone maker with optionsApple rebounded after soft iPhone demand headlines, with bullish signals in MACD, RSI, and EMAs. Nishant Pant suggests a $265-$270 bull call spread for a defined risk trade.By CNBC Pro | Nishant Pant |CNBC February 4, 2026, 6:41:19 AM IST (Published)Apple (AAPL) slid roughly 16% from Dec. 1 through early January as headlines fixated on soft iPhone demand. Post-earnings, that narrative has eased. Management signalled a healthier March quarter and resilient demand in Asia, and the stock has started to rebound. Against a backdrop of improving risk sentiment for mega-cap tech (AI spend, easing inflation, and hopes for a friendlier rate path), AAPL's tape is flashing several positive signals.Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers