Behind the Scenes of Apple's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading activity indicates a bullish sentiment among wealthy investors towards Apple (NASDAQ:AAPL), with 36 uncommon options trades detected. The sentiment is split with 55% bullish and 33% bearish. Analysts have mixed ratings on Apple, with price targets ranging from $225 to $260.
October 09, 2024 | 3:17 pm
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Apple's recent options trading activity shows a bullish sentiment among wealthy investors, with 36 unusual trades detected. Analysts have mixed ratings, with price targets ranging from $225 to $260.
The detection of 36 unusual options trades with a majority being bullish indicates a positive sentiment towards Apple's stock. This is further supported by analysts' price targets, which are mostly above the current trading price. The mixed analyst ratings suggest some caution, but the overall sentiment leans towards a potential price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100