Option update 10-22-07: Apple and AT&T volatility up into EPS

Posted Oct 22nd 2007 9:40AM by Paul Foster
Filed under: Earnings Reports, Apple Inc (AAPL), AT and T (T)

Apple (NASDAQ: AAPL) is recently up $0.63 to $171.17 in pre-open trading.

AAPL will report Q4 EPS after the close tonight.
BMO Capital says: "AAPL is well positioned for the holiday season with a strong product line-up – iPhone in the US and Europe, refreshed iPods and iMacs plus Leopard."
AAPL November option implied volatility of 59 is above its 26-week average of 43 according to Track Data, suggesting larger price movement.

AT&T (NYSE: T) is expected to report EPS of 71 cents on 10/23 according to Thomson First Call.

CIBC World says: "we expect strong results led by wireless and enterprise."
T November option implied volatility of 29 is above its 26-week average of 26 according to Track Data, suggesting larger risk.

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

Tags: aapl, apple, at and t, AtAndT, BMO Capital, BmoCapital, CIBC World, iphone, option implied volatility, OptionImpliedVolatility, steve jobs, SteveJobs, t

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Reader Comments (Page 1 of 1)

10-22-2007 @ 4:26PM

Mr. Marescaux said...

I'm almost expecting Apple to pull something off similar to what Google did last week, that is not just beat expectations but to actually blow them out of the water. Almost shock and awe-esque results. Apple shares are up 47% since Aug., so now we will find out if that hyped-up iPhone was really worth it. However, if any company knows how to sell a customer on something it's Apple http://www.newsvisual.com/newsvisual/2007/10/could-apple-pul.html . Their Directors have years of successful experience in fields such as entertainment and retail.