Apple Unusual Options Activity For June 06
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on Apple (NASDAQ:AAPL), with 58% of 43 unusual options trades being bearish. Whales have been targeting a price range of $155 to $200 for Apple over the last 3 months. Analysts maintain Buy, Outperform, and Overweight ratings with price targets ranging from $190 to $210.
June 06, 2023 | 2:16 pm
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A whale has taken a bearish stance on Apple, with 58% of 43 unusual options trades being bearish. Analysts maintain Buy, Outperform, and Overweight ratings with price targets ranging from $190 to $210.
The bearish stance taken by the whale, who has a significant amount of money to spend, could potentially drive the stock price down in the short term. However, analysts maintain positive ratings and price targets, which could counterbalance the bearish sentiment. The overall impact on the stock price is likely to be negative in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100