1:26 PM Apple (AAPL -0.9%) shares continue to have an autumn to forget - they're now trading at levels last seen in May. Credit Suisse suggested this morning bulls consider selling a Jan. '13 options strangle involving strike prices of $525 and $600. Also, Morgan Stanley's Katy Huberty provided another positive note: she claimed component supply constraints are "no longer an issue;" that component costs could drop in 1H; and that the Chinese government could issue 4G licenses in 2H, something that would pave the way for a China Mobile (CHL) deal. (Read the comments on this)
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