Apple (AAPL) Volatility Dips into WWDC; Looking for First Four-Day Win Streak Since March
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Apple, Inc. (Nasdaq: AAPL) shares are showing lower volatility into the company's WWDC event, which is being held this week.
Implied volatility as well as historical volatility dropped over the last several sessions, now just about on par.
Traders might be gearing up for some big news as the stock has closed higher the last three trading sessions, the first time shares have done so since the end of March. The last time Apple strung four consecutive winning sessions was earlier in March.
For some speculation of what to expect at Apple's WWDC, click here.
Apple stock is up 1.2 percent early Monday.
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Implied volatility as well as historical volatility dropped over the last several sessions, now just about on par.
Traders might be gearing up for some big news as the stock has closed higher the last three trading sessions, the first time shares have done so since the end of March. The last time Apple strung four consecutive winning sessions was earlier in March.
For some speculation of what to expect at Apple's WWDC, click here.
Apple stock is up 1.2 percent early Monday.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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