Options Update: Affiliated Computer volatility low into Xerox's $6.4 billion acquisition - Paul Foster

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Options Update: Affiliated Computer volatility low into Xerox's $6.4 billion acquisition
Sep 28, 2009 01:00 PM UTC

Paul Foster

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Symbol	Sentiment	Start	Return	Closed
LCC	n/a
ACS	n/a
XRX	n/a

Via BloggingStocks:

Filed under: Xerox Corp (XRX), Options

Affiliated Computer (NYSE: ACS) will be acquired by Xerox (NYSE: XRX) for $63.11 per share in cash and XRX stock. ACS shareholders will receive $18.60 per share in cash plus 4.935 XRX shares for each ACS share they own. ACS closed at $47.25. ACS October option implied volatility is at 27, November is at 28; below its 26-week average of 31 according to Track Data, suggesting decreasing price movement.

US Airways (NYSE: LCC) closed of $4.96. WTI Crude futures are recently down .48% to $65.70 according to Bloomberg. LCC October option implied volatility is at 93, December is at 107; below its 26-week average of 120 according to Track Data, suggesting decreasing price movement.

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

Options Update: Affiliated Computer volatility low into Xerox's $6.4 billion acquisition originally appeared on BloggingStocks on Mon, 28 Sep 2009 08:00:00 EST. Please see our terms for use of feeds.

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