Option Update: AMR Corp. volatility spikes, shares down on competitive environment
Posted May 21st 2008 11:50AM by Paul Foster
Filed under: AMR Corp (AMR), Options
AMR Corp. (NYSE: AMR) is recently down 94 cents to $7.25. AMR recently announced significant capacity reductions and increased fees for baggage check in services. AMR June option implied volatility of 108 is above its 26-week average of 84 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
Tags: AMR Corp., AmrCorp., options
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