Locator: 51889AAPL.
See disclaimer.
Options trading: this appears to be a new segment on CNBC -- interruptions throughout the day regarding trends in options trading. If so, it appears this new segment has been around for the past month or so. Perhaps it's been here forever and I simply missed it.
Query:
"Did I hear on CNBC today that the October option expiration trading suggests that AAPL could trade above $345 this month which would be an all-time high?"
Reply:
Recent options trading activity and CNBC commentary suggest that heavy open interest near the $345 strike—Apple's previous all-time high—indicates traders are positioning for a potential breakout this month.
Full discussion here, link here. Link: https://share.google/aimode/eLDOQyioXNlqCwLsO.
For chartists: with a p/e of around 38. It's forward p/e is not particularly different, many see as 35. Many analysts feel more comfortable with a p/e of 26 - 30 for AAPL, it's been my experience that AAPL generally runs about 32 which many CNBC analysts consider "expensive."
Also, did you note the market cap? Whoo-hoo! $4.93 trillion. For comparison, NVDA has a $5.67 trillion market cap. MSFT? $3.94 trillion.
