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Option Update: Washington Mutual April volatility elevated

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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

Symbol Lookup
IndexesChangePrice
DJIA+20.0310,246.97
NASDAQ-2.982,151.08
S&P 500-0.071,093.01

Last updated: November 10, 2009: 07:37 PM

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