Goldman Sachs Suggests Buying/Rolling Calls on Apple Inc. (AAPL)

Goldman Sachs is out with an analyst note this morning, where it suggests buying calls on Apple Inc. AAPL. The report noted that they originally suggested buying the February $330 calls for $13.45 given expectations for strong iPad and iPhone sales around the holiday, strong 4Q earnings, and the potential for a CDMA iPhone launch at VZ. With two of the three catalysts now behind us, the analysts recommend that investors take profits on the Feb calls and focus on exposure around earnings on Jan 18. The GS analysts suggest playing this thesis by buying the February $345.00 calls for $6.55.