Moderately bullish activity in Apple (AAPL), with shares up $1.18, or 0.45%, near $260.55. Options volume running well above average with 675k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.56. Implied volatility (IV30) is higher by 1.1 points near 27.14,and above the 52wk median, suggesting an expected daily move of $4.45. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Apple (AAPL) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- AI Daily: Apple picks Google’s Gemini to run AI-powered Siri
- Top BofA Analyst Sees ‘Upside to Street Estimates’ for Apple’s Q1 Earnings, Reaffirms Buy Rating on AAPL Stock
- Midday Fly By: Alphabet hits $4T market cap, Walmart to join Nasdaq-100
- Wedbush sees Gemini deal as incremental positive for both Google and Apple
- Apple (AAPL) Chooses Google Gemini to Run AI-Powered Siri Digital Assistant