Resistance was high, but the stock still managed to record a 34-year high
Barrons‘ Tiernan Ray notes that the stock hit $400 twice during the day, once shortly before 1:00 p.m. EDT and then again at 2:25. Judging from the open interest in Apple weekly calls and puts, Max Pain stands somewhere between $380 and $400.
Apple (AAPL) closed at $398.50, up