Options Flow Summary: AAPL
Apple Inc (AAPL)
Options on AAPL are in the limelight once again trading 2 times its average daily volume today. 65,434 AUG 150 calls, 34,387 AUG 135 puts and 33,346 AUG 160 calls have traded thus far.
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The majority of the activity has been call buyers and put sellers, which are bullish trades in the midst of one of the biggest market meltdowns this year. While AAPL is up over $7.50 today, the Dow is down over 350 with no bottom in site.
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About Ellen Spiro
Ellen Spiro brings nearly 20 years market experience to her position as Vice President of Sales & Marketing of Trade Alert, LLC. Her background includes Fixed Income Derivatives trading at Deutsche Bank and starting up a similar desk at West Deutsche Landesbank as well as securities industry consulting for Coopers & Lybrand. Her current role puts her in direct contact with many of the largest participants in the equity derivatives field.
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