Juniper (NASDAQ: JNPR) is recently up 15 cents to $23.04 in pre-open trading.
JNPR named Microsoft (NASDAQ: MSFT) veteran Kevin Johnson CEO. JNPR is scheduled to report Q1 EPS after the market close tonight. RBC Capital Markets has a $30 price target on JNPR.
JNPR August option implied volatility of 51 is above its 26-week average of 47 according to Track Data, suggesting slightly larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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