Royal Dutch Shell (NYSE: RDS.A) closed at $85.07 Tuesday. Crude futures are down 1.88% to $126.43 according to Bloomberg.
RDS overall option implied volatility of 27 is near its 26-week average of 25 according to Track Data, suggesting non-directional fluctuations.
Alpha Natural (NYSE: ANR), an Appalachian coal producer with a market cap of $5.11 billion, closed at $72.73 Tuesday. Davenport & Company raised its rating to Buy with an $85 target price on May 27.
ANR overall option implied volatility of 65 is above its 26-week average of 58, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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Reader Comments (Page 1 of 1)
5-28-2008 @ 3:31PM
Kent said...
RDS I think is still stigmatized from their scandal of over-estimating their known oil reserves several years ago and forced their CEO's resignation. Investors' confidence in RDS as a result is a day to day proposition.