Filed under: Apple Inc (AAPL), Marketing and advertising, Options

Akamai Technologies Inc. (NASDAQ: AKAM), offering services for accelerating content and business processes online, is recently down $1.85 to $27.34. AKAM is down on a rumor that the company’s relationship with Apple Computer (NASDAQ: AAPL) is going to end.

AKAM call option volume of 17,109 contracts compares to put volume of 32,385 contracts. AKAM January 25 straddle is at $3.70. AKAM February option implied volatility of 80 is above its 26-week average of 53 according to Track Data, suggesting larger price fluctuations.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

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This entry was posted on Thursday, January 10th, 2008 at 1:47 pm and is filed under Marketing and Advertising. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.