Apple, Microsoft, and Nvidia: Positive Signs for Investors

Apple's Impressive Performance

Apple Inc. (NASDAQ:AAPL) reached a level of $269.67 with a 0.3% increase in recent trades, surpassing the $4 trillion market capitalization threshold. AAPL has gained 7.4% in value since the beginning of the year and tested its record level at $269.89 ahead of the fourth-quarter financial results to be announced on October 30th.

Microsoft's Continuing Rise

Microsoft Corp. (NASDAQ:MSFT) rose by 2% to a value of $542.52 and is preparing to achieve its longest winning streak with an eight-day increase. MSFT aims to re-target its record levels from August 1st with a 27% annual increase. The company will announce its first-quarter financial results on October 29th.

Nvidia's Good Graphic Performance

Nvidia Corp. (NASDAQ:NVDA) is trading at $195.67 with an increase of 2% and is set to achieve its fourth consecutive day of gains. A 5% gain has been recorded for the fourth quarter. Nvidia is expected to announce its financial results at the end of November.

Increase in Trading Volume

In the past 10 weeks, there has been an increase in option demand for these three stocks. The 50-day call/put volume ratio for AAPL has been determined to be 2.46, ranking higher than 77% of the ratios in the past year. For MSFT and NVDA, this ratio was recorded at 2.16 and 2.22, respectively, corresponding to the 93rd and 75th percentiles in the annual data.

Options also appear to be reasonably priced. The Schaeffer’s Volatility Index for AAPL, MSFT, and NVDA is at or below the 34th percentile of the annual range.