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Apple shares rise into earnings as options activity turns unusual
Apple stock is up 20% since its late-June low and is less than $2 below a fresh all-time record, CNBC Markets said.
Apple stock has been climbing into earnings after a long stretch of flat performance, according to CNBC Markets. The outlet said the shares had gone nowhere for seven months before turning higher.
CNBC Markets added that Apple stock is up 20% since its late-June low and is now trading less than $2 below a fresh all-time record.
The report also said Apple options are showing unusual behavior into the earnings period, highlighting a potential shift in positioning as the company nears its next set of results.