This timely segment focuses on a different type of binary event; a product announcement from Apple (AAPL) about their latest iPhone and other products. This information can help you make a decision before the announcement but also provides useful information for afterward.
Apple announced a press conference today (September 9th) at 10 am PDT. It is expected to announce the iPhone 6s and some other products. Our research team crunched the numbers to see if there is opportunity i the announcement.
The original iPhone debuted in 2007 and there has been a new model every year since then. A table was displayed of all the iPhone models and their release since 2007. Our research team looked at the before and after prices,and the implied volatility (IV). A second table was showed each iPhone product, announcement date, implied volatility before and after the announcement and the price change in percentage terms.
A final table displayed info for each iPhone announcement. The table included the iPhone product, announcement date, the credit a trader would receive for a 1 standard deviation (SD) strangle, the strikes, the days to expiration (DTE) and the P/L at expiration.
Watch this segment of “Options Jive” with Tom Sosnoff and Tony Battista for the takeaways and for other info regarding AAPL’s iPhone announcements that may help your trading.
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