Market Whales and Their Recent Bets on AAPL Options

Recent activities among large investors, often referred to as "whales," show a significant bearish outlook on Apple Inc. The trading data for Apple (NASDAQ: AAPL) has revealed a total of 224 option trades.

An analysis of these trades indicates that only 37% of the investors are placing bullish bets while a larger segment, comprising 49%, is adopting a bearish stance. This suggests that many whales may be anticipating a decline in Apple's stock price or hedging their existing positions.

Out of the total trades observed, 86 are put options valued at approximately $6,299,706, while 138 are call options amounting to around $10,312,900. This contrast in numbers emphasizes the cautious sentiment prevailing among significant market players.

Price Targets and Expectations

Analyzing the volume and open interest associated with these options contracts indicates that whales are eyeing a wide price range for Apple, spanning from $75.00 to $280.00 over the past three months. This broad range reflects differing expectations among investors regarding Apple's future performance.

Current Volume and Open Interest Analysis

In today’s trading environment, the average open interest for Apple’s options stands at about 11,167.94. This coincides with a total trading volume that has reached 2,431,232.00. Recent charts clearly illustrate the trends in both call and put option volumes along with their open interest for significant trades, specifically within the striking price corridor from $75.00 to $280.00, over the last 30 days.

Recent Options Activity Overview

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
AAPL	CALL	TRADE	BEARISH	11/15/24	$100.2	$100.0	$100.0	$130.00	$500.0K	272	150
AAPL	CALL	SWEEP	BULLISH	06/18/26	$57.25	$57.0	$57.35	$195.00	$206.3K	2.1K	36
AAPL	CALL	TRADE	BEARISH	03/21/25	$131.6	$131.2	$131.3	$100.00	$131.3K	505	10
AAPL	CALL	SWEEP	BEARISH	11/01/24	$4.7	$4.65	$4.65	$230.00	$93.0K	5.9K	5.8K
AAPL	CALL	SWEEP	BEARISH	11/01/24	$2.88	$2.85	$2.85	$235.00	$80.9K	16.2K	9.6K

About Apple Inc.

Apple Inc. is considered one of the largest corporations globally, known for its extensive range of hardware and software products geared towards consumers and businesses alike. The iPhone represents a significant portion of Apple’s revenue, while other products, including the Mac, iPad, and Apple Watch, complement a broader software ecosystem. The company continuously expands its offerings, which now include streaming services, subscription bundles, and augmented reality innovations. Apple develops its software and semiconductors in-house while collaborating with companies like Foxconn and TSMC for manufacturing.

In evaluating Apple’s options activity, it is essential to monitor the company’s overall performance in the market.

Apple's Current Market Position

• As of now, AAPL has a trading volume of 37,924,133, with its stock price dipping by -2.61% to reach $229.71.
• The current Relative Strength Index (RSI) suggests that the stock may be nearing overbought conditions.
• The next earnings report is set to be released within eight days.

Insights from Market Analysts

In the past month, five analysts have evaluated Apple's stock, with an average price target set at $227.984. Feedback from analysts reflects varied sentiments: an analyst from Needham recently downgraded its rating to Buy, adjusting the target to $260. Conversely, Bank of America has issued a lower Buy rating with a new target of $256. Barclays maintains an Underweight rating with a target of $186, while an analyst from New Street Research revised the rating down to Neutral at $225. Finally, Jefferies downgraded its rating to Hold, targeting $212.

Trading options can be riskier than simply buying stock, but they also offer higher potential returns. Seasoned options traders mitigate this risk by continuously educating themselves, implementing strategic trades, using multiple indicators, and keeping a close watch on market conditions.

To stay informed about the latest options trading activities for Apple, it may be beneficial to utilize real-time alert services whenever possible.

Whales, Apple, Options, Sentiment, Analysis