AOL Money & Finance

Option Update: Major Mexican conglomerate's volatility elevated (AMX, TMX, CX)

More

America Movil (NYSE: AMX), a provider of wireless telecommunications service in Mexico, Argentina, Brazil, Columbia & Ecuador, closed at $33.88. AMX overall option implied volatility of 83 is above its 26-week average of 43 according to Track Data, suggesting larger price movement.

Telmex (NYSE: TMX), an operator of wireline telecommunication systems in Mexico, closed at $22.64. TMX November option implied volatility of 63 is above its 26-week average of 35 according to Track Data, suggesting larger price movement.

Cemex (NYSE: CX), an international producer, distributor and marketer of cement, closed at $10.12. Smith Barney says "Tougher times ahead; downgrading to Hold." CX November option implied volatility of 122 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-36.1310,414.82
NASDAQ-11.962,164.05
S&P 500-2.621,103.62

Last updated: November 24, 2009: 01:18 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