Telmex (NYSE: TMX) said second quarter profit fell 13% after more customers switched to wireless service.
Goldman Sachs says: "Maintain Telmex Sell on 2Q08 sales drop + margin squeeze."
TMX August option implied volatility of 36 is near its 26-week average according to Track Data, suggesting non-directional price movement.
Microsoft (NASDAQ: MSFT) closed at $25.80 Tuesday.
MSFT is hosting an analyst day on July 24.
MSFT August option implied volatility of 28 is below its 26-week average of 30 according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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