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Options update 1-23-08: TheStreet.com volatility elevated at 71

Posted Jan 23rd 2008 3:14PM by Paul FosterPaul Foster RSS Feed
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

Tags: james cramer, JamesCramer, TheStreet.com, tscm

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