Bets against Apple and Palantir surge ahead of earnings reports
AAPL Apple Inc
$350.69 +2.43%
View chart & analysis → - 1Of 620,000 Apple option trades, 385,000 were put options.
- 2Apple put option prices have reached the 86th percentile over the past year.
- 3Palantir put option prices are at the 97th percentile over the past year.
So what's the key point?
More money is being bet on the stock prices of Apple and Palantir falling. For both companies, the cost of trades that profit when stock prices go down is at a very high level compared to the past year.
Source CNBC +1 · View original ↗
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