Apple - Google News: Big Trader Sees Big Upside in Apple - CNBC.com - CNBC.com

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Apple - Google News
Google News
Big Trader Sees Big Upside in Apple - CNBC.com - CNBC.com
May 7th 2013, 20:53


CNBC.com
Big Trader Sees Big Upside in Apple - CNBC.com
CNBC.com
On Tuesday morning, the biggest trade in Apple was the purchase of 200,000 Apple shares and the sale of 2,000 August 565-strike calls for $2.04. This trade created a "covered call" position on Apple that can profit from Apple's upside until $565, and ...
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