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Apple options busy as traders pick sides ahead of results

2016-01-26 21:02:35| IT Services - Topix.net

Jan 26 Activity in Apple Inc options were busy on Tuesday ahead of the iPhone maker's quarterly results, split between investors expecting the stock to recoup recent losses and those looking for protection against a further drop. The world's most valuable publicly traded technology company is expected to report quarterly revenue slightly below Wall Street's average estimates for the first time in six quarters, according to Thomson Reuters StarMine.

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