Apple call buying points to even more upside expected by options traders

Aug. 2, 2018

Options Backtesting Results

Historical average return: +$7,105.01 (backtested over 18.6 years)
Historical success probability: 53.1%


There was a large buyer of $210 strike Apple calls prior to the earnings release when Apple was at $190, and traders are continuing to pile into these options today even after they've increased 4x in value. A backtest of this trade shows significant positive historical expected value. Options traders are positioning heavily for more upside in Apple over the next few months.

Sign up to view the full trade details and options backtesting analysis