#apple options

[macdailynews]

Options prices currently imply an almost 4% move for Apple after July 30 earnings report

The U.S. stock market has been stuck in a two-month rut amid rising bond yields and disappointing earnings from Alphabet and Tesla, leaving bulls searching for a catalyst. Apple stands out as the only stock among the ten largest in the S&P 500 trading near an all-time high, CNBC reports. After months of stagnation, Apple shares have climbed about 20% from their late-June low and recently traded…

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[macdailynews]

Apple earnings: options market is pricing in 4.2% move in either direction

Apple is due to report earnings on Thursday after the closing bell. The options market is currently pricing in a 4.2% move in either direction. Gavin McMaster for Investor’s Business Daily: ‎ Here’s how to set up a bull put spread to profit if Apple stock follows its recent pattern of reactions. With implied volatility high ahead of earnings, we can structure a credit spread to fit the view…

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[macdailynews]

Apple shares experience unusual options activity

Apple shares experience unusual options activity

Apple shares experienced unusual options activity on Thursday. The AAPL stock price moved down to $130.01 following the option alert. Benzinga: • Sentiment: BULLISH • Option Type: SWEEP • Trade Type: CALL • Expiration Date: 2021-01-15 • Strike Price: $130.00 • Volume: 36871 • Open Interest: 106128 Extraordinarily large volume (compared to historical averages) is one indication of unusual options…

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[macdailynews]

Apple options run hot after analyst's new 'sell' rating

Apple options run hot after analyst’s new ‘sell’ rating

Karee Venema, Schaeffer’s Investment Research via Yahoo Finance:

Maxim downgraded Apple Inc. stock to “sell” from “hold,” and established a $190 price target on the tech shares — a 28% discount to last night’s close. The brokerage firm also forecast a 5% year-over-year drop in iPhone revenue and a 2% annual decline in total operating profits, and labeled expectations the tech giant could…

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[macdailynews]

Legendary investor Bill Miller is killing it again, thanks to his smart bet on Apple

Legendary investor Bill Miller is killing it again, thanks to his smart bet on Apple

“Legendary investor Bill Miller is killing it again, thanks to a clever bet on Apple,” Jeff Cox reports for CNBC.

“The legendary portfolio manager’s Miller Opportunity Trust mutual fund is up a gaudy 13.9 percent this year, easily beating the S&P 500’s return of 7.8 percent including dividends, according to Morningstar,” Cox reports. “That puts the $1.4 billion security in the rating…

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[macdailynews]

Traders bet big that Apple is set to rise 36 percent

Traders bet big that Apple is set to rise 36 percent

“Apple bulls appear to be taking to the options market to place long-term bets on the stock,” Alex Rosenberg reports for CNBC.

“Over the past few days, there has been a considerable increase in positions in the Apple 130-strike call option expiring in in January 2018,” Rosenberg reports. “About 10,000 of these contracts have been purchased in the past few sessions, representing…

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[macdailynews]

Apple bears get paid as put contracts double amid drop

Apple bears get paid as put contracts double amid drop

[cfsp key=”adsense_336x280″]”For options trader Tim Biggam, yesterday was the day he was waiting for in shares of Apple Inc,” Callie Bost reports for Bloomberg. “The iPhone maker’s minute-long swoon starting 20 minutes after trading began contributed to the biggest jump in the Chicago Board Options Exchanges Apple Volatility Index in two years. The stock plunged almost 5 percent during one…

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[macdailynews]

Big money is betting on an Apple all-time high by October

Big money is betting on an Apple all-time high by October

[cfsp key="adsense_336x280"]“In the second-straight day of heavily bullish options buying in Apple, one major investor appears to be betting nearly $60 million that Apple shares will rise above $700 by October,” Alex Rosenberg reports for CNBC. “In one of Wednesday morning’s largest options trades, 20,000 Apple 675-strike call options were traded for $21.30 per share. Since each call contract…

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