Core Insights - Deep-pocketed investors are showing a bullish sentiment towards Apple, indicating potential significant developments ahead [1] - A notable options activity was observed, with 252 extraordinary options trades for Apple, reflecting a divided sentiment among investors [2] Options Activity - The options activity includes 15 puts totaling $636,278 and 237 calls amounting to $20,906,407, with 48% of investors leaning bullish and 39% bearish [2] - The mean open interest for Apple options trades is 12,227.26, with a total volume of 6,822,894 [4] Price Target and Market Position - Whales have targeted a price range for Apple between $50.0 and $300.0 over the last three months [3] - Analysts have set an average target price of $286.03 for Apple, with individual targets ranging from $205 to $315 [11][12] Company Overview - Apple is a leading global company with a diverse portfolio of hardware and software products, primarily driven by iPhone sales [10] - The company has been expanding its ecosystem with new applications and services, while maintaining partnerships for manufacturing [10]
Behind the Scenes of Apple's Latest Options Trends - Apple (NASDAQ:AAPL)