Shares of AAPL Inc. (AAPL) are down 2.43 today to 630.51. ?AAPL is near a 52 week high.
Today paper traded 1500/3000 AAPL Jun 640/660 call ratio spreads for $1.0. The ADV is 390k contracts.? The OI is 0 contracts.
The volume went up in 2 blocks.? The ratio spread traded with the 660 calls on the sell side and most likely the 640 calls on the buy side.? This type of trade would best fit a long holder of stock to add some gas to the upside.? AAPL splits 7-1 next week.
30-day implied volatility is 23%.?? 10-day implied volatility is 13%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
Apple Inc. (Apple), incorporated on January 3, 1977, designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.?