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Option update: Yahoo calls active on Microsoft interest, EPS speculation

Yahoo! Inc. (NASDAQ: YHOO) is recently down 21 cents to $24.47. YHOO Q2 EPS is scheduled for July 22. YHOO annual shareholder meeting is scheduled for August 1st.

YHOO call option volume of 24,420 contracts compares to put volume of 4,262 contracts. YHOO July option implied volatility of 61 is above its 26-week average of 44 according to Track Data, indicating larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

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Last updated: December 04, 2008: 01:29 PM

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