Apple Options Traders Bet Big The Tech Rally Will Continue
Apple Inc. stock closed 2.36% higher Monday and has risen 5% over the last four trading sessions following a seven-week-long tech rout.Just before the market close Monday afternoon, a few options traders made some large bets Apple stock will continue its upward trajectory over the coming weeks and months.It will be interesting for retail traders to see if these calls are followed up with shorter dated calls on Tuesday.The Apple Trades:At 3:34 p.m. Monday, a trader executed a call block of 800 Ap