Dow Chemical Company (NYSE: DOW) was trading at $45.50 in pre-open trading, above its close of $41.75.
DOW and Petrochemical Industries Company of the State of Kuwait announced plans to form a 50/50 joint venture that will be a market leading global petrochemicals company. DOW overall option implied volatility of 29 is near its 26-week average of 28 according to Track Data, suggesting non-directional price risk.
Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.










