Apple Unusual Options Activity

Financial giants have made a conspicuous bullish move on Apple. Our analysis of options history for Apple (NASDAQ:AAPL) revealed 146 unusual trades.

Delving into the details, we found 45% of traders were bullish, while 39% showed bearish tendencies. Out of all the trades we spotted, 81 were puts, with a value of $7,697,902, and 65 were calls, valued at $3,418,693.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $120.0 to $270.0 for Apple during the past quarter.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Apple's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Apple's significant trades, within a strike price range of $120.0 to $270.0, over the past month.

Apple 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About Apple

Current Position of Apple

  • With a volume of 27,871,753, the price of AAPL is down -1.39% at $217.77.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 50 days.

What Analysts Are Saying About Apple

In the last month, 2 experts released ratings on this stock with an average target price of $288.5.

Unusual Options Activity Detected: Smart Money on the Move

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Apple with Benzinga Pro for real-time alerts.

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