wwwPosted Mar 17th 2008 10:22AM by Paul Foster
Filed under: Options
National City (NYSE: NCC) volatility aggressive; shares trade at 15-year low as NCC is recently down $3.69 to $9.44.
NCC March 10 straddle is trading at $3.00. NCC April option implied volatility of 140 is above its 26-week average of 46 according to Track Data, suggesting larger price fluctuations.
Volatility Index S&P 500 Options-VIX up 3.52 to 34.68.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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