Deere (NYSE: DE) closed at $141.84.
- DE is expected to report 3Q EPS of $1.55 on November 21 according to Thomson First Call.
- DE overall option implied volatility of 49 is above its 26-week average of 33 according to Track Data. DE volatility is at eight year highs, suggesting EPS and economic risk.
Caterpillar (NYSE: CAT) closed at $69.60.
- Goldman Sachs says: "We maintain our Neutral rating on CAT shares. We maintain our $82 12-month price target."
- CAT overall option implied volatility of 35 is above its 26-week average of 29 according to Track Data, indicating volatility at upper end of five year range, suggests larger risk.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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