Financial giants have made a conspicuous bullish move on Apple. Our analysis of options history for Apple AAPL revealed 21 unusual trades.
Delving into the details, we found 71% of traders were bullish, while 14% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $173,935, and 16 were calls, valued at $583,093.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $220.0 to $247.5 for Apple during the past quarter.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Apple options trades today is 12194.11 with a total volume of 76,690.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Apple's big money trades within a strike price range of $220.0 to $247.5 over the last 30 days.
Apple Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP | NEUTRAL | 03/07/25 | $3.5 | $3.45 | $3.46 | $242.50 | $50.4K | 5.5K | 4.6K |
AAPL | PUT | SWEEP | BEARISH | 03/07/25 | $2.4 | $2.37 | $2.37 | $242.50 | $48.3K | 7.2K | 1.7K |
AAPL | CALL | SWEEP | BULLISH | 03/07/25 | $2.17 | $2.13 | $2.14 | $245.00 | $43.3K | 11.4K | 11.9K |
AAPL | CALL | SWEEP | NEUTRAL | 03/07/25 | $5.25 | $5.15 | $5.18 | $240.00 | $42.9K | 9.6K | 1.1K |
AAPL | CALL | SWEEP | BEARISH | 03/07/25 | $2.11 | $2.09 | $2.09 | $245.00 | $42.7K | 11.4K | 11.5K |
About Apple
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
After a thorough review of the options trading surrounding Apple, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Apple
- Trading volume stands at 2,655,893, with AAPL's price up by 0.1%, positioned at $242.07.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 59 days.
What The Experts Say On Apple
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $325.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $325.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Apple options trades with real-time alerts from Benzinga Pro.
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