Midday Updates

Apple Options

We certainly hope that everyone caught our mention of the AAPL $420 Calls this morning, as Apple itself was trading up around $419.50 pre-market. The same sort of volatility we talked about having seen yesterday came into play once again. Shortly before 10am, we saw a rapid run in the $420 Calls ranging from 2.08-3.40. After pulling back to a low of 2.06, we’ve now seen another run, this time touching 4.20.

Chart:

Level II Snapshot:


Wishing Everyone a Safe and Happy Holiday

US Markets are closed tomorrow in observance of Independence Day. Please stay safe and enjoy yourselves, and we’ll see you on Friday to close out this short week.