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Option Update: Bank of New York put volume & volatility elevated into EPS

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Bank of New York (NYSE: BK) is scheduled to report Q1 EPS on April 17.

BK has more than $23 trillion in assets under custody and administration and more than $1.1 trillion in assets under management.

BK call option volume of 5,199 contracts compares to put volume of 10,438 contracts. BK April option implied volatility of 56 is above its 26-week average of 38 according to Track Data, suggesting larger risk.

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

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Last updated: November 25, 2009: 02:04 PM

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