Options Update: Eagle Bulk Shipping and Manitowoc volatility low - Paul Foster

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Options Update: Eagle Bulk Shipping and Manitowoc volatility low
Aug 28, 2009 01:00 PM UTC

Paul Foster

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Symbol	Sentiment	Start	Return	Closed
MTW	n/a
EGLE	n/a

Via BloggingStocks:

Filed under: Options

Eagle Bulk Shipping (NASDAQ: EGLE) closed at $5.27. EGLE October call option implied volatility closed at 65, puts at 71; below its 26-week average of 114, according to Track Data, suggesting decreasing price risk.

Manitowoc (NYSE: MTW) closed at $6.76. MTW, a provider of lifting equipment, will participate in the Morgan Stanly Global Industrials Unplugged Conference on September 1. MTW September option implied volatility is at 70, October is at 73; below its 26-week average of 99, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Eagle Bulk Shipping and Manitowoc volatility low originally appeared on BloggingStocks on Fri, 28 Aug 2009 08:00:00 EST. Please see our terms for use of feeds.

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