Options Update: Apple Options Active as Shares Rally on iPod and TV News

Filed under: Apple Inc (AAPL), Options, Oil

Apple (AAPL) closed up $7.50 to $250.56 as Steve Jobs announced newest Apple innovations. AAPL option volume was 231K contracts. September put option implied volatility is at 26, January is at 36, versus its 26-week average of 36, suggesting decreasing near term price movement.



Rowan Companies (RDC), a provider of contract drilling services, closed up $2.31 to $28.02. WTI Crude oil futures were recently up 2.79% to $73.93 according to Bloomberg. RDC September put option implied volatility is at 43, October is at 44, January is at 43; versus its 26-week average of 43 according to Track Data, suggesting non-directional price movement.



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Apple Options Active as Shares Rally on iPod and TV News originally appeared on BloggingStocks on Wed, 01 Sep 2010 17:14:00 EST. Please see our terms for use of feeds.

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Apple - Steve Jobs - iPod - Television - BloggingStocks

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