Texas Instruments (NYSE: TXN) is recently trading at $27.10 in pre-open trading, below its close of $29.46. TXN is expected to report Q4 EPS of 52 cents after the close tonight according to Thomson First Call. Bank of America says, "Expect in-line Qtr, slightly sub-seasonal outlook." TXN February option implied volatility of 40 is above its 26-week average of 33 according to Track Data, suggesting larger price fluctuations.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










