29
11
2007
Option update: Apple January volatility elevated into 3G iPhone, Macworld, and COMDEX
Posted by: in Stocks Money NewsFiled under: Apple Inc (AAPL), General Mills (GIS), Options
Apple, Inc. (NASDAQ: AAPL) recently up $3.90 to $184.17:
Steve Jobs is expected to introduce the Apple 3G iPhone with pricing in early 2008. Macworld will be held January 14-18 in San Francisco. COMDEX will be held January 7-10 in Las Vegas. AAPL December option implied volatility was at 40, January was at 50. AAPL’s 26-week average option implied volatility was 45 according to Track Data, suggesting larger price risk in January.
Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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