Options Update: Jackson Hewitt and H&R Block volatility up into EPS & tax season

Posted Feb 26th 2009 8:49AM by Paul Foster
Filed under: H and R Block (HRB), Intuit Inc (INTU), Options

Jackson Hewitt Tax Service (NYSE: JTX) has approximately 6,800 offices. JTX closed at $8.24. JTX is scheduled to report Q3 EPS on March 3. JTX March and April option implied volatility of 79 is above its 26-week average of 58, according to Track Data, suggesting larger price movement.

H&R Block (NYSE: HRB) closed at $20.14 HRB is scheduled to report Q3 EPS on March 6. HRB March option implied volatility is at 64, April is at 55 above its 26-week average of 54 according to Track Data, suggesting larger price movement into EPS.

Intuit (NYSE: INTU) closed at $23.71. INTU is presenting at Morgan Stanley Technology Conference on March 3. INTU March option implied volatility of 48 is near its 26-week average according to Track Data, suggesting non-directional price movement.

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

Tags: HR Block, hrb, HrBlock, intu, Intuit, Jackson Hewitt Tax Service, JacksonHewittTaxService, jtx, option implied volatility, OptionImpliedVolatility