Option update: Network Appliance (NTAP) call volume & volatility up


Network Appliance (NASDAQ: NTAP), a provider of unified storage solutions, is recently up 84 cents to $22.94.

NTAP company sponsored analyst meeting is scheduled for March 13.

NTAP call option volume of 45,161 contracts compares to put volume of 16,854 contracts. NTAP March option implied volatility of 51 is above its 26-week average of 44 according to Track Data, suggesting larger price movement.

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

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Last updated: February 13, 2012: 01:56 PM

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