Goldman Sachs' Apple analyst is famously bullish on the tech giant, and expects to see the stock rise to $155 over the next year, for a rally of nearly 40 percent.
For those who are a bit less patient, Goldman's options research team has an alternative to buying and holding. They recommend that traders buy short-term calls, based on the perception of that analyst, Simona Jankowski, that Apple will impress in its April 25 report.
The earnings event is "likely to be a bigger-than-expected positive catalyst for shares," they wrote.
Specifically, in their Wednesday-dated report, Goldman recommends buying the 111-strike calls on Apple expiring on April 29, the Friday after earnings.
As of Thursday's close, each of those call cost $3.70 per share. (Of course, since each contract refers to 100 shares of stock, the minimum total outlay would be $370.)
This trade will be profitable so long as Apple closes on that Friday above $114.70, or 2.3 percent above Thursday's closing price. Meanwhile, the stock has tended to move 4 percent on earnings, the Goldman analysts report.