Wednesday, April 18, 2007

Google and Handsets - fyi.

Meantime on the Apple iPhone front:

FWIW, the Apr GOOG straddle costs about $22... the usual fun and games ahead of earnings. It sure looks like the march towards $500 continues, though whether it makes it there before expiration on Friday would best be answered by Friday's newspaper which if anyone can provide a copy of today would be most helpful! Over 7k Apr 500 calls have traded today, which isn't an extremely strong reading to give a big green light, but sure attests to many who are hoping the stock goes to $500 by Friday. After the 500 strike the volume dries up.

No comments: