Apple Call Options Are Almost Free
Apple (AAPL) continues to be the most talked-about stock, not because shares are eclipsing new highs but because of the 30% drop that shares have experienced in the past several months. The decline has been so rapid that some value-seeking investors are buying or making a long case for owning the stock.
The most recent headline pertains to the hedge-fund manager David Einhorn suggesting that Apple issue a high-yield preferred stock security that would mathematically serve to increase the value of the common stock. Einhorn's hedge fund, Greenlight Capital, has been an Apple shareholder for a few years now....455 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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