• A trader acquired 316 Apple options at 10:04 a.m. with a $150 strike price expiring on January 15, 2021, near the $30,501 ask price. A $963,831 bearish bet reflected the exchange.
• Another trader acquired 520 Apple call options at 10:29 a.m. with a $120 strike price expiring near the requested price at $14.50.0 on March 19, 2021. A $754,000 bullish bet represented the exchange.
• Likely, a trader traded 1,535 Apple call options at 10:47 a.m. with a $113.80 strike price expiring near the bid price at $9.60. The trade represented a bullish bet of more than $1.4 million.

At 11:06 a.m., at the demand price of $17,351, a trader purchased 500 Apple put options with a $120 strike price expiring in Sept. 2021. An $867,550 bearish bet represented the exchange.

The fate of Apple’s share price will be decided much less by the iPhone 12 specs and much more. Rather, it’s on whether Apple’s first 5G-compatible phone standards have become so high that there is no way for the product to live up to the hype or not.

Long-term Apple stock traders already have doubled up their money anticipating the iPhone 12. That’s why a huge success already.

Source Courtesy: Yahoo Finance