wwwPosted Jun 26th 2008 10:00AM by Paul Foster
Filed under: Options, Anglo American (AAUKY)
Anglo American (NASDAQ: AAUK) owns a range of assets covering gold, platinum, diamonds, coals ferrous and base metals.
AAUK was up 34 cents to $33.09 in pre-open trading. AAUK has a market cap of $86 billion. Gold is recently trading at $905.90 according to Bloomberg.
AAUK overall option implied volatility of 47 is near its 26-week average according to Track Data, suggesting non-directional price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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