Volatility Index S&P 500 Options-VIX at 54.57; 10-day moving average is 59.89
ConAgra (NYSE: CAG) closed at $14.48 Friday. CAG is scheduled to report Q2 EPS on December 17. CAG January option implied volatility of 47 is above its 26-week average of 38 according to Track Data, suggesting larger price movement.
Nike-(NYSE: NKE) closed at $49.37 Friday. NKE is expected to report Q2 on December 17. Thomas Weisel has a $74 price target on NKE. NKE January option implied volatility of 64 is above its 26-week average of 49 according to Track Data, suggesting larger price fluctuations.
General Mills (NYSE: GIS) is scheduled to report Q2 EPS on December 17. GIS January option implied volatility of 42 is above its 26-week average of 35 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










