ICICI Bank (NYSE: IBN) India's second largest bank IBN, closed at $13.29. India will hold general elections to the 15th Lok Sabha in 5 phases on April 16, April 22, April 23, April 30, May 7 and May 13, 2009. The results of the election will be announced in single phase on May 16, 2009. IBN May call option implied volatility is at 118, puts are at 94. IBN average option implied volatility over the last 26-weeks is 98, according to Track Data.
Infosys (NASDAQ: INFY) is scheduled to report Q4 results on April 15. INFY, a technology services firm based in India, closed at $26.63. INFY April option implied volatility is at 70, May is at 65; near its 26-week average of 67, according to Track Data, suggesting non-directional price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
So long peak oil, here comes peak uranium
Black Friday expected to be strong, no promises for Christmas
Will JPMorgan chief Jamie Dimon be our next Treasury Secretary?
