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11,000 Puts Trade in Aptiv PLC (Symbol: APTV)

OptionWatch:

11,000 Puts Trade in Aptiv PLC (Symbol: APTV)

Posted April 30, 2024 at 10:15 am
Jeff Praissman
Interactive Brokers

This morning 11,000 Aptiv PLC (Symbol: APTV) June 21 ’24 62.5 puts traded. The APTV puts are a 17.5 delta, so the trade is the equivalent of 192,500 shares of stock. There were fewer than 50 contracts of open interest this morning in the 62.5 puts so this was an opening trade. The trade may be someone with a stock position hedging against a downside move or someone speculating that APTV’s price may decline over the next 52 days leading up to the June 21st expiration.

APTV is currently trading at $70.79. APTV has a 52-week high of $113.56 and a 52-week low of $68.92.

APTV is currently trading at $70.79. APTV has a 52-week high of $113.56 and a 52-week low of $68.92.

Source: IBKR TWS. Past performance is not indicative of future results

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