AOL Money & Finance

Option Update: Starwood volatility elevated; shares near five-year low

More

Starwood (NYSE: HOT) was downgraded to Sell at Goldman Sachs.

Goldman says: "due to valuation and given that we expect fundamentals to start deteriorating in both the higher end segments of the lodging industry as well as international markets."

HOT overall option implied volatility of 55 is above its 26-week average of 45 according to Track Data, suggesting larger price movement.

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

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 25, 2009: 04:25 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

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

WalletPop Headlines