On CNBC's "Options Action," Mike Khouw said calls outpaced puts by about 2 to 1 in Apple Inc AAPL on Monday, but that is not atypical because that is pretty much what he has seen over the last month in the name.
See Also: What To Expect From Apple's 'California Streaming' Event
The most active options on Monday were the September $150, $152.50 and $155 calls. Over 173,000 contracts of the September $150 calls were traded for $1.83. The trade breaks even at $151.83 or around 1.5% above the closing price on Monday. Buyers are risking around 1.2% of the underlying price to bet the stock is going to end the week higher.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.