There are many people who are interested in how much Apple's stock will change in value soon. Some of these people are called "options traders" and they use special contracts to bet on whether Apple's stock will go up or down. We looked at these contracts and found that most of the traders think Apple's stock will go up, because they are buying more call options than put options. Call options are contracts that give the owner the right to buy Apple's stock at a certain price, while put options are contracts that give the owner the right to sell Apple's stock at a certain price. If a lot of people think a stock will go up, they will buy more call options, which can make the stock price go up even more. Read from source...
1. The article does not provide any specific details on the 47 unusual trades. It only mentions the number of puts and calls, and their values, but not the underlying assets, strike prices, expiration dates, or the exact types of trades (e.g., spreads, straddles, etc.). This makes it impossible to understand the traders' strategies and intentions.
2. The article uses vague and misleading terms like "major market movers," "bullish," "neutral," and "bearish" without providing any criteria or evidence for these classifications. For example, what constitutes a "major market mover"? How is "bullish" defined? What are the volumes and open interest compared to? The article does not explain these concepts or provide any data to support its claims.
3. The article mixes up different types of options trades, such as puts, calls, sweeps, and trades, without clarifying the differences or the implications of each type. This creates confusion and makes it difficult to understand the overall options landscape for Apple.
4. The article provides outdated and irrelevant information, such as the RSI indicators and the analyst ratings, which do not reflect the current market situation or the options trades discussed earlier in the article.
5. The article ends with a shameless advertisement for Benzinga Pro, which is unrelated to the topic of the article and detracts from its credibility.
Overall, the article is poorly written, lacks detail and clarity, and does not provide any useful insights or actionable information for investors interested in Apple's options trading.