Bear Stearns (NYSE: BSC) is recently up $3.78 to $82.10 on renewed buyout chatter. BSC call option volume of 25,768 contracts compares to put volume of 9,600 contracts. BSC March option implied volatility of 56 is near its 12-week average, according to Track Data, suggesting non-directional price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.










