Accredited Home Lenders (NYSE:LEND) volatility Spikes as LEND collapses 15%. LEND, a mortgage company originating, financing, securitizing, servicing and selling non-prime mortgages, is recently down $1.95 to $10.97. LEND August option implied volatility of 155 is above its 26-week average of 78 according to Track Data, suggesting larger price risks.
Rohm and Haas (NYSE:ROH) volatility stays elevated after reporting 2Q earnings of $161M. ROH operates five business segments: powder coatings, salt, electronic materials, performance materials and specialty materials that generated sales of $2.19 billion in the second quarter. ROH is recently up $.40 to $60.74. Goldman Sachs CO says "ROH continues to prove the benefit of its portfolio and geographic diversification as strength in Asia and Europe offset the weakness in the US. ROH August option implied volatility of 30 is above its 26-week average of 22 according to Track Data, suggesting larger price risks.
Daily Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
Will Rich Ross really have a positive impact on Disney's movie operations?
Consumers sick of recession, may spend extra on holidays
Corrections, seasonality and Santa Claus
