Market Overview

Mike Khouw Sees Unusual Options Activity In Apple

Related AAPL
Podcast: 5 Surprising Investing Moves Buffett Made As Stocks Fell
A Big February For This Multi-Factor ETF
Top 10 S&P 500 Stocks: How Does Forward Earnings Growth Look? (Seeking Alpha)

On CNBC's "Options Action", Mike Khouw spoke about unusual options activity in Apple Inc. (NASDAQ: AAPL) ahead of earnings. The company is scheduled to report earnings on Tuesday and the options market is implying a move of 4.5 percent in either direction.

Related Link: Apple Q1 Earnings Preview: Investors Brace For Update On Turbulent Quarter Marred By iPhone Weakness

Khouw noticed some activity on Monday in the February 1, 157.50 strike calls. Options traders were paying $2.95 for them, which sets the breakeven for the trade at $160.45 or 2.66 percent above the current stock price.

Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media


Related Articles (AAPL)

View Comments and Join the Discussion!

Jim Cramer Weighs In On CVS Health, NeoGenomics And More

A Peek Into The Markets: US Stock Futures Edge Lower Ahead Of Earnings