Options Market Statistics: Apple Shares Rise as New iPhone Speculation Ramps Up, Options Pop

The consumer-electronics giant has scheduled its fall product event for Sept. 12, and it's expected to debut its latest smartphone lineup then. Apple is likely to debut four iPhone models at the fall event, including two Pro versions and two regular devices. The company is expected to keep screen sizes the same, with 6.1-inch and 6.7-inch options in each category, according to MacRumors.

One big question concerns pricing for the iPhone 15 line. Apple declined to raise prices on its new phones last year, which came as a surprising move and one that likely reflected pressure on consumer budgets. While wallet pressures remain, Bloomberg News and others have suggested Apple may be more keen to hike prices this year.

Kress Colette, Executive Vice President and Chief Financial Officer, on August 28, 2023, sold 4,980 shares in Nvidia for $2,294,476. Following the Form 4 filing with the SEC, Kress Colette has control over a total of 576,996 shares of the company, with 499,428 shares held directly and 77,568 controlled indirectly.

AMC Entertainment shares were trading higher on continued volatility after the company's reverse stock split took effect last week and amid last Friday's APE conversion.