Hologic (NASDAQ: HOLX) develops, manufactures and supplies diagnostic, medical imaging and radiology systems. The Radiological Society of North America (RSNA) 2007 Annual Meeting is this week in Chicago at McCormick Place. CIBC says "HOLX maintains Strong lead over competition." HOLX overall option implied volatility of 38 is near its 26-week average according to Track Data, suggesting non-directional risk.

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