There is a guy on a redditt subpage titled "Wall Street bets" that is risking it all on Apple going down hard post earnings.

You can read about it here: https://www.reddit.com/r/wallstreetbets/comments/5qhzcy/well_this_is_it_going_allin_my_last_stand_my/ 

Apparently, he sold a bunch of calls and used the premium to buy a bunch of puts.  His original post starts off with kind of a crazy story about his uncle leaving him $2.5 million and how he lost most of it.