How to get long shares of Apple at no cost–but there’s a catch

With this risk-reversal option strategy you end up either buying AAPL at $80 if it trades under $80 in October, or at $100 if it trades over $100 in October, and you pay nothing upfront for it.

It’s a bet that iPhone 7 has a few tricks up its sleeve and the AAPL share price climbs back over $100.

Source: How to get long shares of Apple at no cost–but there’s a catch

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