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Option update: Intuit volatility flat into EPS, tax season

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Intuit (NASDAQ: INTU) is scheduled to report Q2 EPS on February 21. Soleil Securities says: "We continue to see double-digit core-business growth, with expanding margins."

INTU closed at $30.23 Tuesday. INTU March option implied volatility of 34 is near its 26-week average according to Track Data, suggesting non-directional price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

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Last updated: November 26, 2009: 01:44 PM

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