Hewlett-Packard(NYSE:HPQ) is recently up 82c to $49.74. HPQ will report EPS on the close of November 19. HPQ will host an analyst meeting on December 11. HPQ December option implied volatility is at 39, January is at 35, above its 26-week average of 28 according to Track Data, suggesting larger risk.
Options traders are aware in the next nine and half days their will only be four and half days for trading, leaving five days for options to decay. When the markets are not open, long premium option positions decay and traders are unable to capture or hedge price movements.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.










