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Technology Stocks : Apple Inc.

AAPL 267.26

-1.4%

3:59 PM EST

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From: Moonray	4/20/2016 9:35:53 AM
	of 213178

AAPL is slightly lower in pre-market trading Barclays reduced its price target to $131 from $142, but kept its "overweight" rating. The vast majority of analysts are bullish on Apple Inc., but options traders have taken an uncharacteristically bearish approach in recent months. Specifically, AAPL's 50-day put/call volume ratio of 0.68 at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) tops 91% of all other readings from the past year. Technically speaking, the stock was gaining ground since its January lows, but has cooled in recent sessions, closing Tuesday at $106.91. o~~~ O

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