Behind the Scenes of Apple's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish trend in Apple (NASDAQ:AAPL) options trading, with 47 unusual trades identified. 46% of traders were bullish, while 42% were bearish. Significant trades include both puts and calls, with a focus on a price band between $70.0 and $240.0. The average open interest for Apple options is 12,278.3, with a total volume of 695,827.00. Expert opinions on Apple remain positive, with target prices ranging from $186 to $285.
August 16, 2024 | 5:16 pm
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Apple has seen a significant bullish trend in options trading, with 46% of traders bullish and 42% bearish. The average open interest is 12,278.3, with a total volume of 695,827.00. Expert target prices range from $186 to $285.
The significant bullish trend in options trading, combined with positive expert target prices, suggests a likely short-term price increase for Apple. The high volume and open interest in options trading further support this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100