Apple (AAPL) near term volatility elevated on iPhone 7 Plus sales enthusiasm

September 16, 2016 5:32 AM EDT

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Apple (NASDAQ: AAPL) is trading near 2016 highs on the 1st day store sales of iPhone 7 Plus. September call option implied volatility is at 30, September weekly is at 26, October is at 22; compared to its 52-week range of 16 to 42.

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