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Option Update: CBS volatility flat as shares near record lows

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CBS (NYSE: CBS) closed at $22.51 Monday.

The New York Times reported CBS has been in discussions with TWX about a deal to outsource some of its news-gathering operations to CNN.

CBS overall option implied volatility of 33 is near its 26-week average according to Track Data, suggesting non-directional fluctuations.

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

Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-23.361,087.27

Last updated: November 27, 2009: 05:09 PM

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