Fannie Mae (NYSE: FNM) reported Q4 loss per share of $3.79 versus consensus estimates of a $1.24 loss per share as its mortgage assets deteriorate.
FNM is recently trading at $24.95 in pre-open trading, below its close of $26.97.
FNM March option implied volatility of 84 is above its 26-week average of 54 according to Track Data, suggesting larger price risk.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










