While there were numerous bullish trades placed on AAPL options throughout the day on Friday, March 3, several of them stand out. Somebody made an impressive $1m bet on April 130 and August 140 calls on Friday at 11:12am. The volume was larger than the open interest, which indicates that these calls were first bought on Friday.
AAPL stock has been steadily rising after the company’s announced a strong earnings report in a typical PEAD pattern. It was further boosted by the news that Warren Buffett made a significant investment into the company and then more than doubled his initial stake last week.