Find your next home with Luxist's "Estate of the Day"

AOL Money & Finance

Option Update: Schering-Plough volatility elevated into clinical study

More

Schering-Plough (NYSE: SGP) is recently at $15.80 in pre-open trading, below its close of $19.47.

A panel of cardiologists called on physicians to sharply curtail their use of cholesterol-lowering drugs Vytorin (combination of Merck's (NYSE: MRK) Zocor an SGP's Zetia) and Zetia after a clinical study showed the drugs didn't work better than less expensive statin drugs.

SGP April option implied volatility of 58 is above is 26-week average of 36 according to Track Data, suggesting larger price movement.

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

Symbol Lookup
IndexesChangePrice
DJIA-69.158,114.02
NASDAQ-5.781,746.77
S&P 500-7.30875.38

Last updated: July 10, 2009: 12:03 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

WalletPop Headlines