Electronic Arts (NYSE: ERTS) is recently down 59 cents to $45.66. ERTS is expected to report Q3 EPS after the market close on January 31. ERTS will hold its analysts day on February 12. WEDB has a Strong Buy and a $72 price target on ERTS. ERTS February option implied volatility of 54 is above its 26-week average of 37 according to Track Data, suggesting larger price fluctuations.
The Volatility Index S&P 500 Options (VIX) is down 64 cents to 27.13.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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