Options Update: Google and Cisco volatility at low end of range
Posted by: admin in Stocks NewsFiled under: Google (GOOG), Cisco Systems (CSCO), Options
Google (NASDAQ: GOOG) shut at $390. The New York Times says: “New mood in antitrust might target Google.” The WSJ reported Silicon Valley and GOOG are under a new tough phase antitrust scrutiny. GOOG June option implied volatility is at 32, below its 26-week average of 49 according to Track Data, suggesting decreasing price movement.
Cisco (NASDAQ: CSCO) closed at $19.75. CSCO’s Unified Computing System (UCS) is expected to ship in June. CSCO June option implied volatility of 35 is below its 26-week average of 48, according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Options Update: Google and Cisco volatility at low end of range originally appeared on BloggingStocks on Mon, 18 Might 2009 08:00:00 EST. Please see our terms for use of feeds.
Entries (RSS)