wwwPosted Jan 23rd 2008 3:14PM by Paul Foster
Filed under: Options
TheStreet.com (NASDAQ: TSCM) is recently down 5 cents to $10.75. In December 27, 2007, TSCM hit a seven-year high of $16.74.
James Cramer, a director and a beneficial owner of 1,904,003 shares and 1,754,538 indirect shares, sold 30,000 shares at $12.58 on January 15, 2008.
TSCM March option implied volatility of 71 is above its 26-week average of 52 according to Track Data, suggesting larger price movement.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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