Option Update: Washington Mutual April volatility elevated


Washington Mutual (NYSE: WM) is recently trading at $8.62 in pre-open trading, below its close of $10.59 Friday.

WM April option implied volatility is at 168; July is at 127; above its 18-week average of 89 according to Track Data, suggesting larger risk.

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

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IndexesChangePrice
DJIA-89.2312,801.23
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S&P 500-9.311,342.64

Last updated: February 13, 2012: 07:37 AM

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