Volatility Index S&P 500 Options-VIX down 1.14 cents to 16.84 according to Track Data.
Anheuser-Busch (NYSE: BUD) is recently down 38 cent to $51.65.
Stifel Nicolaus lowered its rating on BUD to Hold from Buy on valuation.
BUD call option volume of 23,897 contracts compares to put volume of 3,558 contracts. BUD June option implied volatility of 35 is above its 26-week average of 25 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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