CBS (NYSE: CBS) closed at $14.58. CBS is expected to report Q3 EPS in late October. CBS Corp will host an investor conference to discuss the company's interactive business on October 7. CBS over all option implied volatility of 44 is above its 26-week average of 36 according to Track Data, suggesting larger price movement.
Viacom (NYSE: VIA) closed at $24.86. VIA overall option implied volatility of 49 is above its 26-week average of 35 according to Track Data, suggesting larger price movement.
Volatility Index S&P 500 Options-VIX at 39.38; 10-day moving average is 35.98.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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