tiprankstipranks
Trending News
More News >

Bearish options flow identified in Apple with shares down 2.8%

Bearish options flow identified in Apple (AAPL), with shares down $5.64 near $195.72.Options volume running well above average with 1.17m contracts traded and puts leading calls for a put/call ratio of 1.03, compared to a typical level near 0.71. Implied volatility (IV30) is higher by 3.0 points near 33.91, in the highest 10% of observations over the past year, suggesting an expected daily move of $4.18. Put-call skew steepened, indicating increased demand for downside protection.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue