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

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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

Symbol Lookup
IndexesChangePrice
DJIA-17.2410,433.71
NASDAQ-6.832,169.18
S&P 500-0.591,105.65

Last updated: November 25, 2009: 08:01 AM

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