Apple-Linked Contract Falls 0.68% as Open Interest Drops 9%

The reported Apple-linked contract traded at $335.01 at 8 a.m. ET (12:00 UTC) Friday, Oct. 9, down 0.68% over 24 hours as open interest declined without establishing a directional signal.

Open interest fell 9.03% to 69,250.50 contracts, with an estimated notional value of about $22.71 million. The decline may reflect positions being closed or otherwise reduced, but it does not identify whether traders were bullish or bearish.

The contract’s reported 24-hour range was $333.49 to $341.84, while trading volume reached $91.18 million. The eight-hour funding rate was 0.0000%.

At 5 a.m. ET (09:00 UTC), the global long-short account ratio was 1.0640. Long accounts represented 51.5% of the total, compared with 48.4% for short accounts.

The reported instrument is distinct from Apple common stock. Open interest measures outstanding derivative positions and does not show whether those positions are long, short or hedged.

The reported figures describe a market reading for the Apple-linked contract, but they do not establish a directional signal for the instrument.