Option Update: Volatilities at all time record highs, indicating movement

Posted Oct 27th 2008 9:28AM by Paul Foster
Filed under: Comcast Cl'A' (CMCSA), Options

Volatility Index S&P 500 Options - VIX at 79.12; 10-day moving average is 63.99.

Volatility Index NASDAQ 100 - VXN at 78.81; 10-day moving average is 67.89.

NASDAQ 100 - QQQQ overall implied volatility at 52; 26-week average is 34.

Russell 2000 - IWM overall implied volatility at 62; 26-week average is 34.

Financial Select Sector - XLF overall volatility at 78; 26-week average is 44.

Comcast (NASDAQ: CMCSA) is scheduled to report Q3 EPS on October 29. CMCSA November option implied volatility of 111 is above its 26-week average of 39 according to Track Data, suggesting larger price movement.

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

Tags: cmcsa, Financial Select Sector-XLF, FinancialSelectSector-xlf, iwn, option implied volatility, OptionImpliedVolatility, qqqq, Russell 2000-IWM, Russell2000-iwm, vix, Volatility Index NASDAQ 100-VXN, Volatility Index SP 500 Options-VIX, VolatilityIndexNasdaq100-vxn, VolatilityIndexSp500Options-vix, vxn, xlf