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How to use options to play small caps, Apple earnings

Small caps (^RUT) have rallied about 18% over the last year. But it has been anything but a smooth ride. To hedge against the downside, BayCrest managing director David Boole recommends buying puts on the iShares Russell 2000 ETF (IWM). Learn the details of Boole's small-cap call and how he thinks investors may want to play Apple's (AAPL) earnings in the video above.  To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Stephanie Mikulich.