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Mike Khouw Sees Unusual Options Activity In Apple

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Mike Khouw spoke on CNBC's "Options Action" about unusually high options activity in Apple Inc. (NASDAQ: AAPL). He said that calls outnumbered puts two to one Tuesday and a lot of that activity was in the January 12 expiration calls.

During the session, Khouw noticed a purchase of 2,000 contracts of the January 170 calls for $2.50. The trade breaks even at $172.50 or 0.14 percent above the market price.

Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media


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