Re: Apple puts July 21
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I have seen that apple is up 40%+ in the last 60 days. They are on the news all the time with the I-phone coming out. My friends who sell Cell-phones say that the technology they show on the adds will be tough to live up too. What are the chances that when this comes out it is a dissapointment and the stocks drops 10-20% or more. The stock is at 122 should I be looking at 120, 125, or 130 puts or higher or lower if I believe the above to be true. Any thoughts or opinions?
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option pricing is fairly efficient, however, there are definitly opportunities. if you think this is one, go with the one that costs the least. it still stands to make you a pretty penny.
just make sure sales reports would be available to the mkt before expiry.
120 i think would be the best out of those 3.
NOTE: i am not a financial advisor and this post does not make me responsible for any losses you should incur.
Barron
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