CNet Networks (NASDAQ: CNET) closed at $7.94 Wednesday.
CBS (NYSE: CBS) announced it agreed to buy CNET for approximately $1.8 billion, or $11.50 a shares. CBS says the acquisition will make CBS one of the 10 most popular Internet companies in the United States.
CNET overall option implied volatility of 50 is below its 26-week average of 55 according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
| # | Blogger | Posts | Cmts |
|---|---|---|---|
| 1 | Douglas McIntyre | 97 | 0 |
| 2 | Joseph Lazzaro | 92 | 0 |
| 3 | Peter Cohan | 81 | 0 |
| 4 | Zac Bissonnette | 50 | 0 |
| 5 | Steven Mallas | 49 | 0 |
| 6 | Melly Alazraki | 46 | 0 |
| 7 | Brian White | 41 | 1 |
| 8 | Steven Halpern | 36 | 0 |
| 9 | Tom Taulli | 29 | 0 |
| 10 | Brent Archer | 23 | 0 |
| 11 | Sheldon Liber | 22 | 0 |
| 12 | Trey Thoelcke | 22 | 0 |
| 13 | Paul Foster | 22 | 0 |
| 14 | Jonathan Berr | 21 | 0 |
| 15 | Jim Cramer | 21 | 0 |
| 16 | Jamie Dlugosch | 20 | 0 |
| 17 | Sarah Gilbert | 19 | 0 |
| 18 | Jon Ogg | 18 | 0 |
| 19 | Eric Buscemi | 17 | 0 |
| 20 | Allan Halprin | 15 | 0 |
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