Apple Options Trading Spikes as iPhone Release Schedule Undergoes Change
Apple's (AAPL) stock options trading saw significant activity on September 21st. According to Moomoo, 1.47 million contracts were traded, with put options accounting for 32.3% of total transactions. This is revealed in the AAPL 260923 255.00C Stock Options Chain.
The company's iPhone release schedule has undergone a change this year. Apple is releasing the Pro and Pro Max models first, months before the base iPhone model. Gene Munster notes that estimates for the new iPhone 18 are 'too conservative', with the duo set to account for 8% of units.
Amazon's (AMZN) decision to block Meta Platforms' (META) AI shopping assistant Muse has sparked warnings that this may signal a larger fight over e-commerce. Meanwhile, Coinbase Global Inc. (COIN) CEO Brian Armstrong highlighted growing traction for its tokenized U.S. stocks, calling it 'good traction so far'.
Separately, Apple's investors are being advised to consider acquiring Disney, Robinhood, Uber, or other companies. The suggestion comes from a podcast host who argues that these acquisitions could boost the company's growth.
The news about Apple and its potential acquisitions comes as the company prepares for a new era under CEO John Ternus. With Tim Cook stepping down, investors are keen to see how Ternus will lead the company forward.