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June 26, 2013  Wed 7:32 AM CT

SYNA: SEE CHART GET CHAIN FIND STRATEGIES

Mobile Demand Provides a Boost

Synaptics said it expects to report revenue of $227 million to $230 million for the fourth quarter ending on June 30. That's up nicely from the $190 million to $205 million estimate provided earlier. The maker of chips for touch screens cited strong mobile demand. SYNA rallies 13 percent before the opening bell on my tradeMONSTER platform.

Apollo Earnings, Revenue Miss

Apollo Group earned just $0.71 a share in the third quarter, missing the $0.85 average analyst estimate. Revenue of $946.8 million also lagged the $965 million consensus number, hurt by lower enrollment. APOL drops almost 5 percent in the premarket.

Silver Miners Take a Hit

Silver is down more than 4 percent today, and producers are taking it on the chin. Silver Standard Resources (SSRI) declined 5 percent, Hecla Mining (HL) fell 6 percent and Pan American Silver (PAAS) shed almost 4 percent in early trading, to name a few.

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The Movement of Delta

In our last column, we spoke about delta. You might remember that we discussed what delta was and what factors affected or changed delta. As you recall, we stated that three factors will have an effect on delta. They were movements of time, volatility, and underlying price. Today, we want to take a further look into the change of delta, this time focusing on change due to the movement in the underlying price. 

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