Option Update: Global industrials volatility suggests continued price movement

Posted Oct 22nd 2008 8:53AM by Paul Foster
Filed under: General Electric (GE), Options, Hitachi,Ltd ADR (HIT), Honeywell Intl (HON), United Technologies (UTX)

General Electric (NYSE: GE) closed at $20.35 Tuesday. GE November option implied volatility of 52 is above its 26-week average of 32 according to Track Data, suggesting larger price movement.

Siemens (NYSE: SI) closed at $63.97 Tuesday. SI November option implied volatility of 86 is above its 26-week average of 37 according to Track Data, suggesting larger price movement.

Philips Electronics (NYSE: PHG) closed at $18.71 Tuesday. PHG November option implied volatility of 68 is above its 26-week average of 43.

United Technologies (NYSE: UTX) closed at $50.95 Tuesday. UTX November option implied volatility of 53 is above its 26-week average of 33.

Hitachi Ltd (NYSE: HIT) closed at $51.63 Tuesday. HIT November option implied volatility of 71 is above its 26-week average of 36 according to Track Data.

Honeywell (NYSE: HON) closed at $28.85 Tuesday. HON November option implied volatility of 66 is above its 26-week average of 37.

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

Tags: ge, hit, Hitachi Ltd, HitachiLtd, hon, option implied volatility, OptionImpliedVolatility, phg, Philips Electronics, PhilipsElectronics, Siemens, utx