Whales with a lot of money to spend have taken a noticeably bullish stance on Apple.
Looking at options history for Apple (NASDAQ:AAPL) we detected 26 trades.
If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 14 are puts, for a total amount of $671,987 and 12, calls, for a total amount of $793,653.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $230.0 to $330.0 for Apple over the last 3 months.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Apple's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Apple's significant trades, within a strike price range of $230.0 to $330.0, over the past month.
Apple Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AAPL | CALL | SWEEP | BEARISH | 03/20/26 | $6.8 | $6.6 | $6.6 | $260.00 | $243.5K | 28.2K | 30 |
| AAPL | PUT | SWEEP | BEARISH | 03/09/26 | $2.99 | $2.84 | $2.84 | $260.00 | $127.4K | 1.7K | 509 |
| AAPL | CALL | SWEEP | BEARISH | 03/06/26 | $1.82 | $1.8 | $1.8 | $260.00 | $111.3K | 3.8K | 5.0K |
| AAPL | PUT | SWEEP | NEUTRAL | 03/06/26 | $3.5 | $3.45 | $3.45 | $262.50 | $91.9K | 3.5K | 413 |
| AAPL | PUT | SWEEP | BULLISH | 03/06/26 | $3.4 | $3.3 | $3.3 | $262.50 | $89.2K | 3.5K | 2.2K |
About Apple
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
After a thorough review of the options trading surrounding Apple, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Apple Standing Right Now?
- Currently trading with a volume of 5,207,266, the AAPL's price is down by -1.22%, now at $259.32.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 56 days.
What Analysts Are Saying About Apple
4 market experts have recently issued ratings for this stock, with a consensus target price of $304.0.
- An analyst from Rosenblatt has decided to maintain their Neutral rating on Apple, which currently sits at a price target of $268.
- An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $350.
- An analyst from Barclays has decided to maintain their Underweight rating on Apple, which currently sits at a price target of $248.
- An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $350.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
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