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1. vegabo+(OP)[view] [source] 2014-12-16 20:54:09
Except that AAPL and others will almost certainly have rolling hedges and be essentially unaffacted by this move until they purchase new stock for payment after hedge horizon and/or larger than the hedge size (unlikely since demand will have contracted). This is therefore most likely simply a decision by AAPL not to want to sell product "off market" even if their margins would be safe, or a pure treasury profit directive (benefiting from their hedges directly and not using them to subsidise Russian purchasers).
replies(1): >>prosto+G1
2. prosto+G1[view] [source] 2014-12-16 21:07:59
>>vegabo+(OP)
Counterparty risk might be a tad too high at this point. Ruble is not that prevalent for any major players to sell options against, and a local player might have liquidity issues.
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