How to Earn $500 a Month From Apple Stock
Dec 24, 2024
Apple's Unusual Options Activity on December 06
Investors with significant resources have shown strong bullish tendencies towards Apple Inc. (NASDAQ: AAPL), a trend that market participants should pay close attention to. Recent analysis of public options data has revealed a noteworthy surge in activity today.
While the specific identities of these investors remain confidential, such a large movement in Apple’s options typically indicates that something significant might be on the horizon.
Our observations today revealed that Benzinga's options scanner identified 68 unusual options activities concerning Apple, which is considered a substantial level of trading activity.
The prevailing sentiment among these prominent investors appears to be mixed, with 47% exhibiting bullish inclinations while 42% take a bearish stance. Notably, out of these activities, there were 15 put options, accounting for $751,212, alongside 53 call options amounting to $2,612,234.
Projected Price Targets
Considering the volume and open interest associated with these contracts, it seems that major investors have been focusing on a price range for Apple between $145.00 and $300.00 over the past three months.
Volume & Open Interest Trends
When examining liquidity and market interest, today’s average open interest for Apple options trades stands at 19,756.08, with a total trading volume of 132,211.00.
The following chart illustrates the changes in volume and open interest for both call and put options associated with large investments in Apple over the last month, focusing on the strike price range of $145.00 to $300.00.
Apple Option Activity Analysis: Last 30 Days
Recent trades in the options market indicate strong movements. Below are some prominent options trades detected:
| 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, known for its wide range of hardware and software products aimed at both consumers and businesses. A significant portion of Apple’s revenue comes from the sale of the iPhone, while other products such as the Mac, iPad, and Apple Watch complement its expansive software ecosystem. Apple continuously expands its offerings with services such as streaming video, subscription packages, and augmented reality solutions. The company designs proprietary software and semiconductors, collaborating with manufacturers like Foxconn and TSMC to produce its devices and components. Nearly half of Apple’s sales are made through its direct retail stores, with the remainder generated through partnerships and distribution networks.
Apple's Current Market Status
- As of the latest market data, AAPL is being traded at a volume of 22,417,179 and has seen a slight decline of 0.03%, currently priced at $242.97.
- Relative Strength Index (RSI) readings suggest that the stock might be overbought at this time.
- Anticipation surrounds an earnings release set to occur in 55 days.
Expert Opinions on Apple
In recent weeks, two industry analysts have assessed Apple’s stock, recommending an average price target of $286.5.
Unusual Options Activity Noticed: Insights from the Market
Observing unusual options activity can provide valuable insights into potential market movements. Recent recommendations include an analyst from Morgan Stanley, who has adjusted his rating to Overweight with a target price of $273, and another from Wedbush, who has lowered the rating to Outperform with a target of $300.
Trading options carries inherent risks but also the possibility for considerable gains. Experienced traders tend to mitigate these risks by engaging in ongoing education, implementing strategic trade adjustments, utilizing various market indicators, and remaining aware of changing market dynamics. For continuous updates and alerts on Apple’s options trades, staying informed through reliable market channels is essential.
Apple, Options, Market