Rick Ducat draws up the iPhone maker's chart and examines Apple (AAPL) ahead of its upcoming earnings report. He highlights $246 as a notable low point over the past year, particularly when it tested that level in mid-March before rallying higher alongside the overall market in April. Later, Tom White demonstrates an example options trade for Apple calling it "the forgotten Mag 7 name" following this week's earlier reports from Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL) and Meta Platforms (META). Tom illustrates a call diagonal strategy and explains why it has a bullish tilt.