Stocks

Apple's Unusual Options Activity on December 06

Published December 6, 2024

Investors with significant capital have shown a bullish sentiment towards Apple (AAPL), which is an important development for market participants to take note of. Recent insights from options activity reveal this notable trend.

Today, our analysis found 68 unusual options activities related to Apple. This indicates an exceptional level of trading activity not commonly seen.

The outlook among investors is somewhat mixed, with 47% indicating a bullish stance while 42% are bearish. Among the observed options, there are 15 puts totaling $751,212 and 53 calls amounting to $2,612,234.

Price Projections

Based on recent volume and open interest in these contracts, it seems that large investors are eyeing a price target range for Apple between $145.00 and $300.00 over the past three months.

Trends in Volume and Open Interest

The average open interest for Apple options today is 19,756.08, alongside a total trading volume of 132,211.00.

To visualize the patterns, we can examine a chart that details the changes in volume and open interest in call and put options related to significant trades on Apple within the $145.00 to $300.00 strike price range over the last 30 days.

Recent Options Activity Summary

Highlighted Options Transactions:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AAPL CALL TRADE BULLISH 12/20/24 $9.65 $9.5 $9.64 $235.00 $241.0K 35.7K 935
AAPL CALL TRADE BULLISH 12/13/24 $9.0 $8.85 $9.0 $235.00 $225.0K 7.5K 1.4K
AAPL CALL SWEEP BULLISH 01/17/25 $25.4 $25.35 $25.4 $220.00 $137.1K 36.7K 1.2K
AAPL PUT SWEEP BEARISH 09/19/25 $6.05 $6.0 $6.05 $210.00 $119.8K 2.7K 198
AAPL PUT SWEEP BEARISH 12/20/24 $2.32 $2.3 $2.33 $242.50 $116.5K 4.5K 1.5K

About Apple Inc.

Apple is one of the largest technology companies globally, offering a wide range of hardware and software products for both consumers and businesses. The iPhone is the cornerstone of Apple's sales, with other products like the Mac, iPad, and Watch closely tied into its ecosystem.

The company is continuously expanding its offerings with new apps, including streaming services and subscription bundles. Apple designs its own software and chips but collaborates with manufacturers like Foxconn and TSMC for production.

Current Market Performance

  • AAPL is currently trading at $242.97, down by 0.03%, with a trading volume of 22,417,179.
  • Recent RSI indicators suggest the stock may be overbought.
  • The upcoming earnings release is anticipated in 55 days.

Market Insights

In the past month, two analysts have provided forecast insights, suggesting an average target price for Apple of $286.50.

Recent Unusual Activity Summary

Monitoring unusual options trends can help in spotting potential market shifts. Active traders are encouraged to learn continuously, adapt trading strategies, and stay informed about market conditions.

Apple, Options, Investors