Under Armour (NYSE: UA) closed at $33.75 Tuesday.
UA is hosting an investor meeting on May 29.
UA June call option implied volatility is at 53, puts are at 64; above its 26-week average of 52 according to Track Data, suggesting larger price movement. UA puts volatility is higher than call volatility because UA is difficult to borrow.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










