Apple Inc. (NASDAQ: AAPL) is in the same boat as all other companies when it comes to options expiration happening this Friday. By the look of the trading patterns, we are seeing a balance of options roll-dates happening with those who are making the short-dated speculative options expiration trades. The action is in the $300 strikes for November, but traders and speculators are making their moves in various strike prices into DECEMBER.
NOVEMBER CALL & PUT trading is as follows:
CALLS   Volume   OpInt
300.00Â Â Â 11,481Â Â Â 25,039
310.00Â Â Â 16,723Â Â Â 43,953
320.00Â Â Â 4,918Â Â Â 43,994
PUTS   Volume   OpInt
280.00Â Â Â 1,273Â Â Â 24,179
290.00Â Â Â 5,763Â Â Â 34,885
300.00Â Â Â 14,161Â Â Â 41,758
310.00Â Â Â 3,156Â Â Â 21,806
DECEMBER CALL & PUT trading is as follows:
CALLS   Volume   OpInt
300.00Â Â Â 4,730Â Â Â 10,727
310.00Â Â Â 5,390Â Â Â 17,223
320.00Â Â Â 3,613Â Â Â 28,844
330.00Â Â Â 3,137Â Â Â 15,879
340.00Â Â Â 1,461Â Â Â 11,104
PUTS   Volume   OpInt
270.00Â Â Â 1,368Â Â Â 29,693
280.00Â Â Â 1,710Â Â Â 33,502
290.00Â Â Â 1,674Â Â Â 11,924
300.00Â Â Â 3,358Â Â Â 15,842
310.00Â Â Â 1,381Â Â Â 12,303
At 11:50 AM EST Apple shares are trading up 0.36% at $302.68 in what is light trading volume of 6.9 million shares.
The rule of thumb going into options expiration date is that the closest strike price tends to act as a magnet. Whether that holds true for Apple is something we won’t try to use a crystal ball to determine.
JON C. OGG
Powered By iWebRSS.com
No comments:
Post a Comment