Apple Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Apple (NASDAQ:AAPL), with a bearish stance taken by a whale investor. Of the 27 strange trades detected, 48% were bullish and 51% were bearish. The total amount for the 2 put trades was $128,703 and for the 25 call trades was $6,435,129. Whales have been targeting a price range from $95.0 to $225.0 for Apple over the last 3 months. The current price of AAPL is up 1.03% at $191.55. Several experts have maintained their positive ratings on Apple, with price targets ranging from $188 to $220.
June 30, 2023 | 1:51 pm
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NEUTRAL IMPACT
Unusual options activity has been detected for Apple, with a bearish stance taken by a whale investor. The current price of AAPL is up 1.03% at $191.55. Several experts have maintained their positive ratings on Apple, with price targets ranging from $188 to $220.
The unusual options activity indicates that there is a significant amount of interest in Apple's stock, which could lead to increased volatility. The bearish stance taken by the whale investor could potentially put downward pressure on the stock. However, the positive ratings and price targets given by experts suggest that they believe the stock has potential for growth. Therefore, the short term impact on the stock is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100