Mixed options sentiment in Apple (AAPL), with shares up 24c, or 0.11%, near $210.19. Options volume relatively light with 234k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.69. Implied volatility (IV30) dropped 0.7 near 29.82,in the top quartile of the past year, suggesting an expected daily move of $3.95. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Hold at Jefferies.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Epic Games Reaches a Settlement with Samsung (SSNLF) in Alternative App Store Lawsuit
- Meta Nabs Apple’s Top AI Executive for Superintelligence Team
- After a 27% Slide, Alibaba Stock (BABA) Eyes a Comeback
- Apple App Store ‘reported’ revenue up 12% in June, says UBS
- Apple’s Strategic Positioning and Financial Prudence Underpin Buy Rating Amid AI Leadership Changes