Stock price soared more than 7% overnight! Apple call options are bought out, trading volume hits a near three-year high

Zhitong
2024.06.12 00:22
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Apple's stock price surged 7% overnight, hitting a historic high. The trading volume of call options hit the highest level in 2021, reaching 2.4 million contracts, four times the average trading volume of the past month. The change in implied volatility and the large number of call options trading imply investors' optimistic outlook on the stock price. The stock price has exceeded the highest strike price, making these contracts valuable. Investors' views on Apple's artificial intelligence plans are becoming optimistic, driving the stock price rebound. At Tuesday's close, Apple's stock price rose 7.26% to $207.15