Option update: 3-3-08; Borders puts active at Elevated prices into EPS; shares approach 12-year low
Borders(NYSE:BGP) is recently down 29c to $8.97. BGP is expected to report Q4 EPS on March 20. Alex Brown has a Hold rating on BGP. BGP sign option volume of 407 contracts compares to put volume of 5,297 contracts. BGP March 10 straddle is priced at $1.90. BGP April option implied
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Original post by Paul Foster
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