Consider selling puts on AAPL. Everyone hates it right now and it will probably fall into the earnings report. Watch it closely. If it does fall to $475, sell the $450 puts. Remember, you can always roll out those short puts. Good luck.
If you are wrong or there is a surprise and if you buy OTM calls, you could see overnight 50-80% loss.
Stock is cheap heading into earnings by historicaly standards. If you expect them to have big earnings buy 10 shares.
Nearly everyone who invested in calls the last three months has been left with huge huge loses, I wouldn't step on that train to nowhere just yet. Still a chance apple beats earnings but doesn't react strongly to an upside until late in the year or until china mobile deal is done. China Mobile won't be announced until the next iPhone at the earliest.