Apple shares rose 30% in 2026 through Wednesday and touched an all-time high, while options activity turned toward calls after traders had built put positions ahead of the company’s earnings this month, CNBC reported.
CNBC reported that calls accounted for nearly 500,000 of roughly 900,000 Apple options traded in Wednesday’s first half-session, while puts totaled 370,000.
As the stock recovered, the put-to-call ratio for open interest declined to 0.87 from 0.95. CNBC also said daily options volume had shifted toward calls.
A short-lived post-earnings decline did little to interrupt the advance, CNBC reported. The move came amid renewed concern about interest-rate hikes and a semiconductor sector the network described as being in a bear market. CNBC said Apple reached a record with its 2026 gain at 30%, despite a brief post-earnings dip and difficult conditions across tech and semiconductor shares.
