Option update: November volatility elevated in MOT and SHLD

Posted Oct 22nd 2007 3:50PM by Paul Foster
Filed under: Motorola (MOT), Sears Holdings (SHLD), Options

Motorola (NYSE: MOT) is recently at $18.62. MOT is expected to report EPS on 10/25. GSCO has a 12-month price of $18. MOT November option implied volatility of 38 is near its 26-week average of 29 according to Track Data, suggesting larger risk.

Sears Holding (NASDAQ: SHLD) is recently up $4.11 to at $135.05 after Barron's gave a positive illustration to the potential value of SHLD's real estate portfolio. SHLD is expected to report 3Q EPS in early November. SHLD November option implied volatility of 46 is above its 26-week average of 33 according to Track Data, suggesting larger risk.

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

Tags: Barron's, Barron's and SHLD, Barron'sAndShld, MOT, option implied volatility, OptionImpliedVolatility, Options, SHLD