Option update 7-3-07: Royal Dutch Shell volatility flat

Posted Jul 3rd 2007 10:30AM by Paul Foster
Filed under: Before the Bell, Rumors, Apple Inc (AAPL), Research in Motion (RIMM), BP p.l.c. ADS (BP), Options, Oil

Royal Dutch Shell(NYSE:RDS) volatility flat as BP is mentioned as M&A partner. RDS is recently up .56 to $83.95. The Daily Mail is reporting that BP and RDS are in merger talks. RDS over all option implied volatility of 17 is near its 26-week average according to Track Data, suggesting non-directional risk.

Dendreon(NASDAQ:DNDN) implied volatility & volume at low end of range last two days. DNDN, a biotechnology company focused on discovery, development and commercialization of therapeutics to fight cancer, is recently trading up .73 to $7.99. DNDN over all option implied volatility of 57 is below its 26-week average of 111 according to Track Data, suggesting decreasing risk.

Option volume leaders today are: Research in Motion (NASDAQ:RIMM), Apple Computer (NASDAQ:AAPL) and Baidu (NASDAQ:BIDU).

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

Tags: AAPL, Apple Computer, AppleComputer, Dendreon, DNDN, Options, RDS, Research in Motion, ResearchInMotion, RIMM, Royal Dutch Shell, RoyalDutchShell