Apple Computer (AAPL) expiring Weekly 335 puts and calls are seeing active trading heading into the final two hours. Shares have been in a narrow range today between $334.31 and $337.54. AAPL is now up $1.47 to $336.47 and the market on the weekly 335 straddle is $1.55 to $1.60. Both contracts have now traded more than 16,000. OTM Weeekly 340 calls and 330 puts are seeing action as well.
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.