AAPL is currently in a coil, consolidating after recent moves with a neutral EMA alignment. While momentum indicators are slightly bearish, the fundamental sentiment and analyst targets point toward a gap-fill toward $315. Low IV rank presents a rare window to buy cheap volatility before the next expansion. The distance from major support at $256.61 provides a safety cushion for a bullish bet. We are anticipating a mean-reversion trade toward the $300 Max Pain level and beyond.

Stop: $272.35 · T1: $313.65 · R:R 1.5