Market Whales and Their Recent Bets on AAPL Options - Apple (NASDAQ:AAPL)

Recently, high-value investors, often referred to as "whales," have shown a bearish outlook towards Apple. A close examination of the options trading history for Apple (AAPL) reveals that a total of 224 trades were identified.

In analyzing these trades in detail, it was found that 37% of the investors adopted bullish positions, while 49% took bearish stances. This suggests a more significant proportion of the trades are leaning towards expecting a decline in Apple’s stock price.

Among the detected trades, there are 86 put options, which add up to approximately $6,299,706 in total value, compared to 138 call options, valued at around $10,312,900.

What's The Price Target?

Considering both the volume and open interest in these options contracts, it appears that market whales have set a target price range of between $75.00 and $280.00 for Apple over the past three months.

Volume & Open Interest Trends

As of today, the average open interest for Apple's options stands at approximately 11,167.94, while total trading volume has reached 2,431,232.00. The chart illustrates the trends in both call and put option volume, along with open interest from significant trades in Apple within the indicated price range over the last 30 days.

Apple Call and Put Volume: 30-Day Overview

In order to assess the current sentiment, we must look at some noteworthy recent options activity:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
AAPL	CALL	TRADE	BEARISH	11/15/24	$100.2	$100.0	$100.0	$130.00	$500.0K	272	150
AAPL	CALL	SWEEP	BULLISH	06/18/26	$57.25	$57.0	$57.35	$195.00	$206.3K	2.1K	36
AAPL	CALL	TRADE	BEARISH	03/21/25	$131.6	$131.2	$131.3	$100.00	$131.3K	505	10
AAPL	CALL	SWEEP	BEARISH	11/01/24	$4.7	$4.65	$4.65	$230.00	$93.0K	5.9K	5.8K
AAPL	CALL	SWEEP	BEARISH	11/01/24	$2.88	$2.85	$2.85	$235.00	$80.9K	16.2K	9.6K

About Apple

Apple stands as one of the largest corporations globally, providing a diverse range of hardware and software products designed for both consumers and businesses. A substantial portion of Apple’s revenue is generated through its popular iPhone, while other products such as the Mac, iPad, and Apple Watch complement its software ecosystem. Additionally, Apple is focused on expanding its service portfolio, including streaming video, subscription bundles, and augmented reality applications, by creating its proprietary software and semiconductors, ultimately relying on subcontractors like Foxconn and TSMC for manufacturing. Just under half of its revenue is generated through Apple’s own retail storefronts, while a majority comes from indirect sales through partner channels.

Following a thorough examination of Apple’s options activities, it is imperative to assess the company’s recent performance.

Where is Apple Standing Right Now?

• AAPL's current trading volume is 37,924,133, reflecting a decline of -2.61% with shares priced at $229.71.
• The current Relative Strength Index (RSI) suggests that Apple stock may be on the verge of becoming overbought.
• The upcoming earnings report is scheduled for 8 days from now.

What Analysts Are Saying About Apple

In the last 30 days, five professional analysts have issued their perspectives on Apple stock, resulting in an average price target set at $227.98.

Unusual Options Activity Detected: Smart Money on the Move

Recent reports highlight a shift in analyst ratings concerning Apple:

• Needham has downgraded its rating to Buy, adjusting the price target down to $260.
• B of A Securities has revised its rating to Buy, with a new price target of $256.
• Barclays has maintained its Underweight rating on the company, with a price target of $186.
• New Street Research lowered its rating to Neutral with a price target of $225.
• Jefferies has revised its rating to Hold, updating the price target to $212.

Trading options is generally riskier than traditional stock trading but offers the potential for greater profits. Experienced options traders manage risk by staying informed, scaling their investments, following multiple indicators, and closely monitoring market conditions.

For those interested in staying updated on the latest options activity for Apple, real-time trade alerts are available through various platforms.

whales, apple, options, trading