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 Technology Stocks : Apple Inc.

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To: Sr K who wrote (138722)8/10/2012 2:02:45 AM
From: manalagiRead Replies (1) of 153992
 
AAPL was ex-dividend today.
Therefore, Apple up 3.52 should actually be up 3.52 + 2.65 = 6.17. Not too shabby.

The thing I have not figured out is how the ex dividend affects the options. Let's just say a call option for Sept 540, the strike priceis not reduced by 2.65, but does the premium get adjusted to reflect the dividend?
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