Option Update: Pier 1 Imports volatility elevated into withdrawal of proposal for Cost Plus


Pier 1 Imports (NYSE: PIR) withdrew its proposal to acquire Cost Plus (NASDAQ: CPWM).

Deutsche Bank has a Buy rating with a $7.25 price target on PIR.

PIR overall option implied volatility of 93 is above its 26-week average of 84 according to Track Data, suggesting larger price movement.

Volatility Index NASDAQ 100-VXN at 28.13; 10-day moving average is 26.27.

Symbol Lookup
IndexesChangePrice
DJIA-133.0512,757.41
NASDAQ-21.142,906.09
S&P 500-11.651,340.30

Last updated: February 10, 2012: 10:24 AM

Hot Stocks

General Electric

18.92-0.21(-1.10)

Alcoa

10.34-0.30(-2.82)

Apple Inc

494.28+1.11(+0.23)

Google Inc 'A'

605.11-6.35(-1.04)

Bank of America

8.05-0.13(-1.59)

Wal-Mart Stores

61.50-0.46(-0.74)

Exxon Mobil Corp

83.82-1.06(-1.25)

Ford

12.52-0.17(-1.34)

Citigroup

32.88-0.78(-2.32)

IBM

191.64-1.49(-0.77)

Yahoo

16.155+0.155(+0.97)

Starbucks

48.57-0.63(-1.28)

Microsoft

30.58-0.19(-0.62)

Home Depot

44.95-0.32(-0.71)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1328887440082 ms.