Bullish Options Activity for Apple (NASDAQ: AAPL) on December 06
Large investors are showing a strong bullish sentiment toward Apple Inc. (NASDAQ: AAPL), an indication that market players should pay attention to. Recent tracking of options activity has revealed this noteworthy movement.
Today, unusual trading patterns have been detected for Apple options, with a total of 68 significant activities identified. This level of activity is noticeably higher than average.
The sentiments among these prominent investors are somewhat mixed, with 47% taking a bullish stance and 42% adopting a bearish position. Among the notable options, 15 are puts with a collective value of $751,212, while 53 are calls, totaling $2,612,234.
Projected Price Targets
Considering the volume and open interest associated with these contracts, it seems that large investors have set their sights on a price range between $145.00 and $300.00 for Apple over the past three months.
Volume & Open Interest Trends
Looking at the liquidity and interest in the market, the average open interest for Apple options today is 19,756.08, accompanied by a total volume of 132,211.00.
The following chart illustrates the changes in volume and open interest for both call and put options related to significant trades in Apple, focusing on a strike price range of $145.00 to $300.00 over the last month.
Apple Options Activity Analysis: Last 30 Days
Significant Options Trades Detected:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
AAPL | CALL | TRADE | BULLISH | 12/20/24 | $9.65 | $9.5 | $9.64 | $235.00 | $241.0K | 35.7K | 935 |
AAPL | CALL | TRADE | BULLISH | 12/13/24 | $9.0 | $8.85 | $9.0 | $235.00 | $225.0K | 7.5K | 1.4K |
AAPL | CALL | SWEEP | BULLISH | 01/17/25 | $25.4 | $25.35 | $25.4 | $220.00 | $137.1K | 36.7K | 1.2K |
AAPL | PUT | SWEEP | BEARISH | 09/19/25 | $6.05 | $6.0 | $6.05 | $210.00 | $119.8K | 2.7K | 198 |
AAPL | PUT | SWEEP | BEARISH | 12/20/24 | $2.32 | $2.3 | $2.33 | $242.50 | $116.5K | 4.5K | 1.5K |
About Apple
Apple Inc. is one of the largest companies globally, recognized for its wide range of hardware and software products aimed at both consumers and businesses. The iPhone remains the cornerstone of Apple's sales, with other products including the Mac, iPad, and Apple Watch, which are integrated into a comprehensive software ecosystem. Apple continuously seeks to enhance its offerings with new services, such as streaming video, subscription packages, and augmented reality. The firm designs its hardware as well as software, collaborating with subcontractors like Foxconn and TSMC for production. Almost half of Apple's sales come from its own retail stores, while the remainder stems from various partnerships and distribution channels.
Apple's Current Market Status
- Currently poised at a trading volume of 22,417,179, with AAPL's price slightly declining by -0.03% to reach $242.97.
- RSI indicators suggest that the stock may be overbought at this moment.
- The next earnings report is anticipated in 55 days.
Expert Opinions on Apple
In recent weeks, two market analysts have provided insight into Apple's stock, predicting an average target price of $286.5.
Unusual Options Activity Detected: Smart Money on the Move
Monitoring unusual options activity can offer valuable insights into potential market movements. Keep informed of major positions taken by big investors in your preferred stocks. Click here for access. * A Morgan Stanley analyst recently downgraded their rating to Overweight with a price target of $273. * A Wedbush analyst has lowered their rating to Outperform with a target of $300.
Trading options carries inherent risks but also presents opportunities for significant rewards. Traders often manage their risks through education, strategic changes in trades, using diverse indicators, and staying aware of market changes. To keep track of the latest options trading about Apple, real-time alerts can be helpful.
Apple, Options, Trading