Market Overview

Dan Nathan Sees Unusual Options Activity In Apple

Related AAPL
Consumer Discretionary Q4 Earnings: U.S. Consumer Appears Strong Amid Heightened Global Uncertainty
Apple Bull Weighs Impact Of Taiwan Semiconductor Guidance Cut, Battery Replacement
Safe Picks For 2019 (Seeking Alpha)

On CNBC's "Options Action", Dan Nathan spoke about unusually high options activity in Apple Inc. (NASDAQ: AAPL).

He said call options in the name outnumbered puts 1.5 to 1 and the most active option was the March 2, 180 strike call. Around 36,000 contracts were traded for the average price of $1. The trade breaks even at $181 or 1.13 percent above the current market price. Nathan explained that traders are looking for a break out in Apple before the Friday expiration.

Posted-In: Dan Nathan Options ActionOptions Markets Media


Related Articles (AAPL)

View Comments and Join the Discussion!

A Peek Into The Markets: U.S. Stock Futures Slide Ahead Of Jerome Powell's Testimony

Jim Cramer Shares His Thoughts On STMicroelectronics And Allergan