Options Market Statistics: Apple Stock Fell to 120-Day Moving Average, Options Pop
News Highlights
$Tesla(TSLA.US$ shares fell by 2.83%, closing at $219.22. Its options trading volume is 2.47 million. Call contracts account for 52.2% of the whole trading volume. The most traded calls are contracts of $225 strike price that expire on August 18th. The total volume reaches 185,459 with an open interest of 5,911. The most traded puts are contracts of a $220 strike price that expires on August 18th; the volume is 177,542 contracts with an open interest of 25,543.
Tesla has been seen transporting multiple Cybertrucks, some of which appear to be for crash testing, reports Electrek.
Pictures of Elon Musk's EV giant shipping two truckloads of Cybertrucks surfaced on social media, with a few seemingly marked for crash testing. The trucks were first noticed by a TikTok user, and later, two additional Cybertrucks were spotted in Lonoke, Arkansas.
$Apple(AAPL.US$ shares fell by 1.46%, closing at $174.00. Its options trading volume is 1.50 million. Call contracts account for 50.8% of the whole trading volume. The most traded calls are contracts of $175 strike price that expire on August 18th. The total volume reaches 98,537 with an open interest of 16,986. The most traded puts are contracts of a $172.5 strike price that expires on August 18th; the volume is 113,616 contracts with an open interest of 50,324.
Wedbush analyst Daniel Ives recently weighed in on the trajectory of Apple, highlighting the tech titan's strategic moves to dominate the live sports streaming arena.
As Apple pushes its boundaries to escalate its subscriber count on the Apple TV streaming platform, its endeavors in the live sports sphere, especially following the landmark 10-year streaming contract with MLS after Lionel Messi's iconic transition to Inter Miami, have caught attention.
Citi analyst Atif Malik maintained his Buy rating on the stock in a research note, and said the shares could climb another 36%. Malik, who initiated coverage with a Buy rating around the time Apple hit a new all-time high at the end of June, has a $240 price target on the stock.
$Meta Platforms(META.US$ shares fell by 3.13%, closing at $285.09. Its options trading volume is 0.45 million. Call contracts account for 52.6% of the whole trading volume. The most traded calls are contracts of $295 strike price that expire on August 18th. The total volume reaches 21,728 with an open interest of 7,936. The most traded puts are contracts of a $290 strike price that expires on August 18th; the volume is 28,543 contracts with an open interest of 13,112.
Unusual Stock Options Activity
There were noteworthy activities in $Tesla(TSLA.US$ where multiple options have topped volume to open interest ranking. The highest volume over open interest ratio reaches 102.6x with 71,228 contracts.
Daily Active Index & Sector ETF Options
Source: Benzinga, Dow Jones, CNBC
Disclaimer: Options trading entails significant risk and is not appropriate for all investors. Certain complex option strategy carry additional risk. Before trading options, please readCharacteristics and Risks of Standardized Option.This article is for information and illustrative purposes only, and is not a promotion of option trading or a recommendation of any of the specific option mentioned above.
Source: Benzinga, WSJ
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo News Official Account
Empower your trading with options news and insights. Stay informed, make better decision, trade wiser. Not an advisor
11KFollowers
13Following
20KVisitors
Follow