Apple shares experience unusual options activity

Apple shares experienced unusual options activity on Thursday. The AAPL stock price moved down to $130.01 following the option alert.

Benzinga:

stock chart• Sentiment: BULLISH
• Option Type: SWEEP
• Trade Type: CALL
• Expiration Date: 2021-01-15
• Strike Price: $130.00
• Volume: 36871
• Open Interest: 106128

Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity… Options are “bullish” when a call is purchased at/near ask price or a put is sold at/near bid price. Options are “bearish” when a call is sold at/near bid price or a put is bought at/near ask price.

MacDailyNews Take: Of course, no one but the investor knows his true intentions for purchasing these Apple options contracts. Most Apple investors would do well to follow to Jim Cramer’s past advice on AAPL, “Own it, don’t trade it.”

7 Comments

  1. I am for Capitalism when the product is good such as an Apple product but not when the product is oil, toxic chemical, or money such as what Wall St. makes.
    I call on Apple to divest from Wall St. as it does not need its stain.

      1. No, no, no, and no especially on the religious freak terminology, “Sodomite.” For all you know, Cook and his mate may not be copulating which, I think, constitutes the core of your fantasy. But, to be fair and agreeable so that I don’t completely trigger you to further invade Capitol Hill at least philosophically, yes he is CEO.

        1. I’m betting you were very excited to see ANTIFA and BLM’s terrorist burn down private businesses and public property this last “summer of justice”…. you libturd hypocrite.

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