From CNBC · Oliver Renick · · 1m
Apple extends rally to 30% as options traders pile in
Apple stock hits a new all-time high despite tech turmoil, drawing nearly 900,000 options trades in a single session.
In brief
Apple stock hits a new all-time high despite tech turmoil, drawing nearly 900,000 options trades in a single session. Apple stock reached an all-time high on Wednesday, extending its 2026 rally to 30 percent and attracting heavy options trading activity. Originally reported by CNBC.
Apple shrugs off tech turmoil
Apple extended its 2026 rally to 30 percent and hit a new all-time high on Wednesday, despite a brief earnings dip and the biggest tech selloff since Covid last week.
“you own Apple, you don't trade it”
Nearly 900,000 options traded
Almost 900,000 options traded on Apple in the first half of Wednesday's session, with almost 500,000 calls and 370,000 puts as traders sought safe harbor in tech.
Put traders shift toward calls
The put/call open-interest ratio fell from 0.95 to 0.87 as daily volumes flowed toward calls after the stock bounced back from earlier put positioning ahead of earnings.
The short version
Apple stock reached an all-time high on Wednesday, extending its 2026 rally to 30 percent and attracting heavy options trading activity.
