wwwPosted Dec 10th 2007 4:37PM by Paul Foster
Filed under: Options
ArthroCare (NASDAQ: ARTC), a medical device company, is recently down $2.48 to $52.42. ARTC December 50 straddle is priced at $6.10. ARTC call option volume of 1,233 contracts compares to put volume of 8,267 contracts. ARTC January option implied volatility of 64 is above its 26-week average of 41 according to Track Data, suggesting larger downside risks.
Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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