Option update: Volatilities up into AAPL & NOK electronic devices rollouts

Posted Aug 29th 2007 10:15AM by Paul Foster
Filed under: Apple Inc (AAPL), Nokia Corp. (NOK), Options

Apple (NASDAQ: AAPL) implied volatility up into expected new family of iPod launch on 9/5.

AAPL is recently up $3.03 to $129.85 in pre-open trading. Goldman Sachs says, "Buy AAPL shares as new iPods add to its product cycle story." AAPL overall option implied volatility of 45 is above its 26-week average of 41 according to Track Data, suggesting slightly larger price movement.

Nokia (NYSE: NOK) volatility at 36 as NOK introduces four devices; NOK near 6-year high.

NOK introduced four devices optimized for entertainment, music and games. NOK closed at $30.01. OPCO says, "reiterate Buy – announces attractive multimedia products." NOK over all option implied volatility of 36 is above its 26-week average of 33 according to Track Data, suggesting slightly larger price risk.

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

Tags: aapl, apple, computer MAC, ComputerMac, devices, entertainment, games, implied volatility, ImpliedVolatility, iPod launch, IpodLaunch, iPods, iTunes, MAC, music, nok, nokia, product cycle, ProductCycle, Steve Jobs, SteveJobs