AutoZone, Inc. (NSYE: AZO) was recently up $16.46 to $156.55 after reporting better than street expectations of its second quarter earnings. Stifel Nicolaus has a Hold rating on AZO. AZO call option volume of 10,973 contracts compared to put volume of 6,621 contracts. March option implied volatility of 52 was near its 26-week average according to Track Data, suggesting non-directional price movement.
Caterpillar, Inc. (NYSE: CAT) was recently down 18 cents to $22.04. CAT call option volume of 15,241 contracts compared to put volume of 20,112 contracts. CAT March option implied volatility was at 75, April at 72 and July at 64; above its 26-week average of 55, according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Deere up on Q4 earnings performance
Reid Hoffman: LinkedIn will go public (at some point)
Retailers can't wait for Black Friday, open Thursday
