SAN FRANCISCO (MarketWatch) -- Shares of Apple Inc. took a hit Tuesday morning after wireless carrier AT&T issued disappointing activation numbers for the iPhone for the last two days of the second quarter, when the device first went on sale.
Note that the 140 strike has five calls for every put, a whopping 0.22 ratio. I would not hold the stock above 140 prior to earnings.
Note that the 140 strike has five calls for every put, a whopping 0.22 ratio. I would not hold the stock above 140 prior to earnings.
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on Tuesday, July 24, 2007 at 7/24/2007 12:05:00 PM.
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