$Apple(AAPL)$ Saw an interesting option play yesterday!
Some one either bought 100K shares at $125 then sold 1,000 Jan 25 $140 calls for $21+.. this could be a 28.6%, return : $15 + $21= $36/$125…..two year CD strategy … $3 million profit.
Or previously someone had bought AAPL at $140 and just wanted to pocket a dividend. The two year CD then is $21$140.
Impossible to decipher an option trade motive.
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