Apple shares staged their strongest two-day advance since April, rising 5.1% on 6 Aug. and adding about 2% in after-hours trading before extending gains on 7 Aug. to lift the stock more than 8% overall. The rally pushed the price above $220 and decisively through its 200-day moving average. The surge was accompanied by unusually heavy bullish options flow. More than 65,000 November $245 call contracts—valued at over $23 million—changed hands on 7 Aug., alongside separate blocks exceeding $10 million in out-of-the-money November calls and 4,500 February $230/$320 call spreads priced near $13 apiece. Data services estimated total bullish call premium at roughly $8.9 million for the session. The combination of price momentum and aggressive derivatives positioning underscores continued investor appetite for the world’s largest company amid a broader rebound in large-cap technology stocks.