Apple stock made fresh new highs today, as the stock continues to surf the wave of killer earnings, and expanding market share.
But beyond the share price, there’s another way of looking at the level of bullishness on Apple.
Investors are likely familiar with the VIX — sometimes call the volatility index or the fear index — which measures how much it costs to buy downside protection via options.
As chart below shows, investors have never been less willing to pay for downside protection, as the Apple VIX plunges to all-time lows.
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