Trade Ideas
UOA PRO Update AAPL 7-31
2,145 07August 312.50 calls bought in one order for 1.75 above open interest of 32 contracts. Stock 301.96.
Status Update
Ticker: AAPL
Stock: 301.96
Expiration Date: 07AUG
New UOA: 2,145 07August 312.50 calls bought in one order for 1.75 above open interest of 32 contracts. Stock 301.96.
Check site for other recent activity. We will cover through today as customary. May add this fresh UOA for new bounce idea.
UOA PRO New Trade Idea AAPL 7-8
Ticker: AAPL
Type: Bullish Call Buying
Stock: 314.47
New Trade Idea
Ticker: AAPL
Stock: 314.47
Trigger: 314.21
Targets/Resistance: 317.40, 323.50, 330.96
Expiration Date: 24JUL
UOA: 3,000 07August 325 calls bought in mostly three orders for 4.40 to 5.75 above open interest of 797 contracts. Stock 310.02-314.10.
AAPL $314.21 Last.
Small month out OTM call buy that appears in front of possible pre-EPS run for th stock. AAPL tends to do we in the lead up to EPS followed by their new product debuts. This is one for those anticipating a run for a new ATH and possibly more. Let’s not forget that AAPL moving up helps the indices as well. Can’t rule out hedge by player anticipating a double top but the stock is holding up well to this point in the session.
Trigger: $315.48, this week’s current high.
Strategy 1: Consider the AAPL 17July 317.50 calls for $4.10 projected at trigger level today.
Strategy 2: Consider the AAPL 24July 317.50-335.00 call spread for $4.70 projected at trigger level today. Uncappable.
Targets: 317.40, 323.50, 330.96