Option update 11-14-07: Adobe volatility higher after four-day sell-off

Posted Nov 14th 2007 9:56AM by Paul Foster
Filed under: Scandals, Adobe Systems (ADBE), Options

Adobe (NYSE: ADBE) announced on November 12 it is targeting annual revenue growth of approximately 13%. ADBE is scheduled to report on EPS on December 17. ADBE December option implied volatility of 40 is 32 according to Track Data, suggesting larger price fluctuations.

LDK Solar (NYSE: LDK) is a manufacturer of multicrystalline solar wafers. LDK has been investigating inventory allegations made by a former LDK employee, and the company is also subject to a SEC inquiry. LDK has said the company has correctly reported its inventories. LDK December option implied volatility of 123 is above its 18-week average of 92 according to Track Data, suggesting larger risk.

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

Tags: ADBE, Adobe, Adobe Systems, AdobeSystems, LDK, LDK Solar, LdkSolar, manufacturer software, ManufacturerSoftware, multicrystalline solar wafers, MulticrystallineSolarWafers, option implied volatility, OptionImpliedVolatility