AAPL Options Signal Bullish Bias: 300-Call OI Surge and Oversold RSI Point to $315 Upside Target

• AAPL trades at $272.68, down 0.36% with RSI at 30—classic oversold territory.
• Call open interest spikes at $300 strike (next Friday expiry), while puts cluster at $260 as key support.
• Block trades show big money buying calls (AAPL20260102C240) and defensive puts (AAPL20250926P235).

Here’s the takeaway: options market sentiment and technicals are aligning for a bullish rebound. With Apple’s price near its lower Bollinger Band ($269.55) and a put/call ratio of 0.69 (calls dominate), the stage is set for a short-term rally. But let’s dig into why this matters—and how to position for it.

Bullish OI Clusters and Whale Moves: What’s Cooking at $300?

The options chain tells a story. For next Friday’s expiry, AAPL20260102C300 has 12,872 open contracts—the highest of any strike. That’s not just noise; it’s a price level where big players are betting on a sharp move. Meanwhile, puts at $260 ($9,367 OI) hint at a psychological floor.

But here’s the twist: the block trades add context. A 880-lot buy of AAPL20251017C240 (strike $240) and a 600-lot put purchase (AAPL20250926P235) suggest hedging or speculative positioning. Think of it like a chess game—some are buying insurance, others are staking a claim on upside.

News Flow: Why Analysts Are Cheering for Apple’s AI Push

Morgan Stanley just raised its price target to $315, citing AI-driven iPhone upgrades and pricing power. Berkshire’s potential shift to holding Apple shares (instead of selling) adds another layer of confidence.

Here’s the catch: the market already priced in some of this optimism. But with RSI at 30 and a bullish engulfing candle on the charts, the technicals are screaming for a rebound. The real question is whether AI hype translates to sustained demand—or just a short-term pop.

Actionable Trades: Calls, Breakouts, and Strategic Entries

For options traders: Buy AAPL20260102C280 (strike $280, next Friday expiry). Why? The $280 level is a sweet spot—above today’s intraday high ($273.88) but below the $300 OI cluster. If Apple breaks above $275, this call could ride the momentum.

Stock traders: Consider entries near $273.88 (intraday high) with a stop below $272.32. First target: test the 30D support/resistance zone ($278.61–$279.01). A break above that could trigger a run toward $285 (upper Bollinger Band at $285.48).

Bearish hedge: Sell puts at $267.5 (AAPL20260102P267.5) if you’re bullish but cautious. It caps downside risk while letting you ride the rally.

Volatility on the Horizon: What to Watch Before Expiry

The next 72 hours will be critical. If Apple holds above $272.32 (intraday low), the bullish case strengthens. But a drop below $269.55 (lower Bollinger Band) could reignite selling.

Bottom line: This is a setup where options sentiment, technicals, and news all point north. The $300 call OI isn’t just a number—it’s a signal. For those willing to take the plunge, the path of least resistance is up. But keep a close eye on that $260 support level. If it breaks, the script flips.