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Apple Sees Record Stock Options Trading Amid Job Cuts

Guavy AI Editorial Team
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AAPL
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Apple's stock options chain shows significant trading activity on August 21st. A total of 1.54 million contracts were traded, with an open interest of 5.12 million.

This comes amidst job cuts at Apple, with the company laying off over 200 employees in its Siri and Vision Pro teams.

Meanwhile, Micron CEO Nami_uchihaclan claims that memory is undervalued, but also notes that it's a cyclical industry. Apple (AAPL) stock has been rising, reaching $410.00 on August 21st.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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