Option update: Citigroup (C) volatility elevated into EPS & 2008 outlook


Citigroup (NYSE: C) will report full 3Q EPS on 10/15.
  • On 10/1 Citigroup announced that mortgage-backed securities, credit markets and deterioration in the consumer credit environment are expected to have an adverse impact on third quarter financial results.
  • C is recently up 86 cents to $47.99.
  • C October option implied volatility is at 25, November is at 24, above its 26-week average of 22 according to Track Data, suggesting larger risk.

Hasbro (NYSE: HAS) is expected to report EPS on 10/22.
  • HAS is recently trading at $29.63.
  • BMO Capital Marketes rates HAS at Underperform with a $26 price target.
  • HAS November option implied volatility of 32 is above its 26-week average of 27 according to Track Data, suggesting slightly more risk.

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

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Last updated: February 13, 2012: 11:42 AM

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