AAPL Just Crossed Over a Historically Bullish Trendline

Core Viewpoint - Apple Inc's stock has been rising since late January, currently trading at $271.69, supported by record iPhone sales and breaking above a historically bullish trendline [1] Group 1: Stock Performance - The stock is on track for a third consecutive increase, with a potential target of reaching its December 3 record high of $288.62 [1] - The 50-day moving average trendline crossover has occurred 16 times in the last three years, with Apple stock rising 75% of the time one month later, averaging a 3.3% increase [2] Group 2: Options Market Sentiment - Short-term options traders are bullish on Apple, as indicated by the Schaeffer's put/call open interest ratio ranking in the 4th percentile of its annual range [4] - Options traders are anticipating low volatility, with the Schaeffer's Volatility Index (SVI) at 2%, ranking in the low 8th percentile of readings from the past 12 months [4]