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📅 2026-10-18 · Apple · Single-name brief

This report is provided by MacroTerms.com

Data as of: 2026-10-16 · Settlement: Exchange settlement (15:00 Beijing close, vs prior settlement)

CZCE.AP(AP2701) In-Depth Analysis Report | Bearish Bias: Rising Open Interest Breakdown, Record-High Open Interest | 2026-10-18

Bearish bias. Apple AP2701 [10-16 settlement] 6096, close 5998 (-3.32% vs previous settlement), 5-day -13.44%, 20-day -20.24%; daily close broke below the prior 20-day low of 6113, 20-day channel position only 0.4%, approaching the 20-day low of 5992. Main open interest 169,448 lots (+8,411), at the 100th percentile over the past year; main notional open interest 10.16 billion yuan, daily change +504 million yuan, a pattern of active shorts driving the decline on rising open interest; top-20 seats net short 6,624 lots, widening by 705 lots vs the previous day. Invalidation conditions: daily close back above pivot P 6171.33 and break above R1 6229.67, or open interest retreating from its peak while price reclaims 6113.

Single-name briefs Deep dive

SHFE GoldSHFE.AU 2026-10-18
Shanghai Gold (AU2612) In-Depth Analysis Report | Slightly Bullish: Seat Net Longs Expand, Short-Covering Repair | 2026-10-18
LONGneutral_context
Deep diveRead
SHFE SilverSHFE.AG 2026-10-09
Shanghai Silver (SHFE.AG) In-Depth Analysis Report | Bears in Control, Below 14745 Target 14220 | 2026-10-09
SHORTneutral_contextrevisedLegacy coverage
Deep diveRead
SHFE CopperSHFE.CU 2026-10-18
SHFE Copper (CU2611) In-Depth Analysis Report | Bearish Bias: LME Inventory Down, SHFE Up; Seat Net Shorts Expand | 2026-10-18
SHORTneutral_context
Deep diveRead
RebarSHFE.RB 2026-10-18
Rebar (RB2701) In-depth Analysis Report | Slightly Bullish: Rising on Increased Open Interest, Inventory Destocking | 2026-10-18
LONGneutral_context
Deep diveRead
AppleCZCE.AP 2026-10-18
CZCE.AP(AP2701) In-Depth Analysis Report | Bearish Bias: Rising Open Interest Breakdown, Record-High Open Interest | 2026-10-18
SHORTneutral_context
Deep diveRead
Iron OreDCE.I 2026-10-18
Iron Ore (DCE.I) In-Depth Analysis Report | Range-Bound with Bullish Bias on Short Covering | 2026-10-18
LONGneutral_context
Deep diveRead
EggsDCE.JD 2026-10-18
DCE Eggs Main Continuous (DCE.JD) In-Depth Analysis Report | Bearish Bias: Down 7.85% in 5 Days, Approaching 20-Day Low | 2026-10-18
SHORTno_house_view
Deep diveRead

Previous briefs

2026-10-17：Single-nameCZCE.AP(AP2701) In-depth Analysis Report | Bearish bias: rising open interest breakout, shorts in control | 2026-10-17 View 2026-10-16：Single-nameCZCE.AP(AP2701) In-depth Analysis Report | Bearish: Breaking Below 20-Day Low of 6240 on Rising Open Interest | 2026-10-16 View 2026-10-09：Single-nameLegacy coverageCZCE.AP (CZCE.AP) In-Depth Analysis Report | Bullish Bias | 2026-10-09 View 2026-10-08：Single-nameLegacy coverageCZCE.AP In-Depth Analysis Report | Bears in Control, Downside Target 6762 | 2026-10-08 View

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