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Option Update: ConAgra volatility elevated into EPS & outlook

ConAgra (NYSE: CAG) is scheduled to report Q3 EPS on March 27 (Thursday).

Deutsche Bank has a $23 price target on CAG.

CAG April option implied volatility of 32 is above its 26-week average of 26 according to Track Data, suggesting larger price movement.

Volatility Index S&P 500 Options-VIX down 1.44 to 25.18.

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

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Symbol Lookup
IndexesChangePrice
DJIA-5.8612,986.80
NASDAQ-4.882,528.85
S&P 500+1.781,425.35

Last updated: May 17, 2008: 09:16 AM

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