Apple Computer (AAPL) adds $11 to $659.11 and continues it run to new highs on heavy volume of 7.8 million shares, as the company is meeting today with Samsung on settlement talks. Trading in Apple options is busy as well. 299,000 calls and 151,000 puts. The projected volume for Monday, of 1.35 million contracs, is more than double the recent daily average (611K). The nine most actives in AAPL are Weekly options that expire on 8/24. Upside 660 calls are the most actives. 16,625 traded. Weekly 655, 650, 670, 665, 675 and 680 calls are the next most actives on the stock. 201K AAPL Weekly options have changed hands, which is 44.7 percent of the total options volume in the stock. 30-day ATM vols are moving up 15.5 percent to 35.
About the Author (Author Profile)
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.