(Bloomberg) -- Investors should buy call options on
Apple Inc. while creating and selling separate ones with a
higher exercise price to benefit from moderate gains in the
shares before sales of iPhone begin, Goldman, Sachs & Co. said.
The New York-based brokerage recommended buying the so-
called call spreads because ``options are already pricing in
more volatility than they were a couple of months ago,''
according to a note dated June 20. Buying and selling call
options with different exercise prices on the same security is a
bet that the underlying stock will make a limited increase.
Read more at Bloomberg Stocks News
Apple Inc. while creating and selling separate ones with a
higher exercise price to benefit from moderate gains in the
shares before sales of iPhone begin, Goldman, Sachs & Co. said.
The New York-based brokerage recommended buying the so-
called call spreads because ``options are already pricing in
more volatility than they were a couple of months ago,''
according to a note dated June 20. Buying and selling call
options with different exercise prices on the same security is a
bet that the underlying stock will make a limited increase.
Read more at Bloomberg Stocks News
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