Archive for the 'Options' Category
Option update: Fannie Mae calls active into filing of 2007 10-K
Fannie Mae (NYSE: FNM) is down $1.23 to $27.05.
FNM is scheduled to file its 2007 Annual Report and 10-K with the SEC on February 27. Keefe Bruyette and Woods has a $25 price target on FNM. FNM shout option volume of 42,880 contracts compares to put volume of 17,540 contracts. FNM March optio…
Option update: Cogent Communications approach term volatility skewed higher into EPS
Cogent Communications (NASDAQ: CCOI), a multinational, Tier 1 facilities-based IP networks, is expected to report Q4 EPS on Feb. 27.
CCOI March option implied volatility is at 89; April is at 77 and July at 72. CCOI average option implied volatility by the final 26-weeks is 62 according to Tr…
Option update: Google volatility increases as shares sell off to nine-month lows
Google (NASDAQ: GOOG) is recently down $14.54 to $471.80 in pre-open trading.
Smith Barney says: “Weak January visit goods from comScore.” BMO Capital Markets says: “US Search input Points Curb Enthusiasm.”
GOOG March option implied volatility of 39 is above its 26-week average of 34 acc…
Option update: Network Appliance (NTAP) shout volume & volatility up
Network Appliance (NASDAQ: NTAP), a provider of unified storage solutions, is recently up 84 cents to $22.94.
NTAP company sponsored analyst assembly is scheduled for March 13.
NTAP shout option volume of 45,161 contracts compares to put volume of 16,854 contracts. NTAP March option impl…
Option update: SAP volatility flat; Professor says MSFT should buy SAP
SAP AG (NYSE: SAP) closed at $48.05 Friday.
Michael A Cusumano, a professor at the Sloan School of Management at the Massachusetts Institute of Technology, said in the New York Times on February 24, 2008 that Microsoft (NASDAQ: MSFT), “rather than acquire Yahoo (NASDAQ: YHOO), should pursue S…
Option update: MBIA and AMBAC sign volume heavy as shares rally on CNBC bailout report
MBIA, Inc. (NYSE: MBI) recently up 9 cents to $12 after CNBC reports a bailout plan could be announced next week:
MBI is a provider of financial guarantee insurance. MBI sign option volume of 40,473 contracts compared to put volume of 21,410 contracts. MBI March option implied volatility was …
Option update: Genentech option active into FDA approval of Avastin for breast cancer
Genentech, Inc. (NYSE: DNA) halted at $71.59 prior to the FDA approving Avastin for breast cancer:
Avastin is currently approved for colon and non-small cell lung cancer. Avastin was already approved for breast cancer in Europe. Avastin had 2007 sales of $2.3 billion. DNA sign option volume o…
Option update: Intel April volatility skewed higher than March
Intel Corporation (NASDAQ: INTC) recently down 48 cents to $19.82:
INTC shout option volume of 60,470 contracts compared to put volume of 46,225 contracts. INTC March option implied volatility was at 34; April was at 39. INTC 26-week average option implied volatility was 34 according to Track not…
Option update: 2-22-08; Apple volume & volatility decreases as share price approach six-month low
Apple(NASDAQ:AAPL) is recently trading down $3.22 to $118.33. AAPL shout option volume of 60,675 contracts compares to put volume of 35,477 contracts. AAPL March option implied volatility of 43 is below its 26-week average of 47 according to Track documents, suggesting decreasing price movement….
Option update: Amazon volatility below average, Bezos sells $135 million of the stock
Amazon.com, Inc. (NASDAQ: AMZN) recently down $3.94 to $69.66:
According to SEC profile 4 AMZN’s Chairman of the Board, Jeffrey Bezos, sold 1,850,000 shares at $73.21 on Feb 15. AMZN announced on Feb. 8 the repurchase of up to $1 billion of the company’s common stock within the next 24-months…
Option update: Morningstar calls active into EPS & outlook
Morningstar (NASDAQ: MORN), a provider of independent investment research, is scheduled to report Q4 EPS after the market shut on Feb. 21.
MORN sign option volume of 1,289 contracts compares to put volume of 795 contracts. MORN March option implied volatility of 45 is approach its 26-week ave…
Option update: ‘Microsoft executives to manufacture meaningful announcement’
Microsoft (NASDAQ: MSFT) is recently trading up 45 cents to $28.67 in pre-open trading.
MSFT announced “MSFT executives to compose meaningful announcement,” nowadays at 11:30 a.m. EDT.
MSFT overall option implied volatility of 31 is above its 26-week average of 27 according to Track docume…
Option update: Marvell shout volume and volatility increases
Marvell Technology Group Ltd. (NASDAQ: MRVL) is scheduled to report fourth quarter earnings per share (EPS) on March 6:
MRVL has been frequently mentioned in the past as a potential buyout candidate of Tokyo Electron. MRVL, a manufacturer of chips for tough disk drives and networking gear, wa…
Option update: Adobe shout volume heavy on expectations of higher share price
Adobe (NASDAQ: ADBE) is recently up 56 cents to $35.23.
ADBE March 42.5 calls have traded 65 times on transaction volume of 11,635 contracts above its open interest of 335 contracts. ADBE March option implied volatility of 40 is above its 26-week average of 35 according to Track info, suggest…
