Prior to Delta (DAL) earnings in early July we detailed a way to play for a pullback in the shares, not just isolating the event itself but looking out to August. Here was the original …

Event: Apple (AAPL) will report their fiscal Q3 earnings today after the close. The options market is implying about a 3.5% one day move following results, as the Aug 4th 149 weekly straddle (the call …