Options Update: Diamonds Fund volatility low at 15 as ETF near one year high - Paul Foster

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Options Update: Diamonds Fund volatility low at 15 as ETF near one year high
Oct 21, 2009 01:00 PM UTC

Paul Foster

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Symbol	Sentiment	Start	Return	Closed
FCX	n/a
DIA	n/a
FO	n/a

Via BloggingStocks:

Filed under: Fortune Brands (FO), Options, Freep't McMoRan Copper (FCX)

Diamonds Fund (NYSE: DIA) closed at $100.86.39 DIA is an ETF whose objective is to correspond to the price and yield performance of the Dow Jones Industrial Average-DJIA. DIA November call option implied volatility is at 15, puts are at 20, December call volatility is at 16, puts at 22; below its 26-week average of 23, according to Track Data, suggesting decreasing price movement.

Freeport McMoRan (NYSE: FCX) closed at $78.63. FCX is expected to report Q3 EPS on October 21. FCX November call option implied volatility is at 42, puts at 45, December calls are at 42, puts are at 46; below its 26-week of average of 60, according to Track Data, suggesting decreasing price movement.

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

Options Update: Diamonds Fund volatility low at 15 as ETF near one year high originally appeared on BloggingStocks on Wed, 21 Oct 2009 08:00:00 EST. Please see our terms for use of feeds.

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