Apple Stock Options See Heavy Trading Amid Market Volatility
The Apple stock options market saw significant activity on August 31st, with 1.37 million contracts traded and an open interest of 4.94 million. This comes as the Dow-30, S&P 500, and Nasdaq Composite indices all fell on Monday due to US-Iran airstrikes, which sent oil prices and long-dated US Treasury yields rising.
Apple's shares declined in value, contributing to the broader market downturn. The $Dow Jones Industrial Average shed 374.09 points (0.7%) to a 53,185.90 close, while the S&P 500 Index lost 25.62 ticks (0.3%) to 7,686.14.