'Crashing up': The amazing Apple facts

How about them Apple shares?

In just one month's time, Apple stock has risen 17 percent up to new all-time highs, meaning the company is worth an additional $99 billion in market capitalization. It's a stunning creation of value that dwarfs the entire market caps of 92 percent of the S&P 500—and has some traders warning that it's time to get protection.

From its open on Oct. 17 to its open on Nov. 17, Apple shares have risen $16.81, or 17.2 percent. With 5.865 billion shares outstanding, that's an increase in market cap of $98.6 billion.

"The thing is crashing up right here," is how Dan Nathan of RiskReversal.com put it Friday on CNBC's "Options Action."

Read MoreAt new highs, Apple only starting to ripen: Analysts

So just how much is $98.6 billion?

It's more than the current market cap of 460 of the S&P 500 companies, for one. In one month, Apple has added more value than companies such as McDonald's, Boeing, Goldman Sachs, or Nike are worth.

Apple's fresh $98.6 billion in value is worth double the value of FedEx, triple the value of Deere, four times the value of Carnival Corp, five times the value of Dollar General, six times the value of Harley-Davidson, seven times the value of Tiffany, eight times the value of Best Buy, and almost 20 times the value of GameStop.

The value that Apple gained in a month is almost double what Americans spent on their pets in 2013, according to the American Pet Products Association. It is more than the cost total cost of the Supplemental Nutritional Assistance Program (or the food stamp program) in fiscal 2013, according to the USDA.

On the whole, Apple's rise is responsible for 3.4 percent of the S&P 500's bounce since Oct. 16, according to Howard Silverblatt of S&P Dow Jones Indices.

The rally came on the back of Apple's impressive fourth-quarter earnings, and amid expectations that it will be a huge holiday season for iPhone sales.

An Apple store in New York
Scott Mlyn | CNBC
An Apple store in New York

However, at this point, Dan Nathan says its time for investors to invest in some protection.

"If you own Apple, fantastic, it's been a great trade." But "I do think it makes sense, when you think about it, to add a little bit a protection here."

Nathan points out that options prices have fallen as the stock has risen, which gives investors the opportunity to buy the January 110-strike put for just $2.20. That offers protection on Apple shares below $107.80 through January.

However, technician Carter Worth of Sterne Agee offered that while Apple is "steep day to day... structurally, Apple is a very intact situation."

Follow the show on Twitter: @OptionsAction.


Host Bio

  • Melissa Lee

    Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

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