$AAPL Death Cross on Daily - HUGE Near Term Put Buying

$AAPL Apple - Over $250M in December Puts purchased today with another $100M+ in January Puts. A major fund with deep pockets is expecting additional downside in the very near term. I'm targeting the 200d ema on the weekly chart or about $150 by January. If that doesn't hold, next major support would be around $133.


Note: Informational analysis, not investment advice.

Comment:

Seeing additional very heavy January put buying today deep-in-the-money