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Options Update: AT&T and Exxon volatility low into EPS

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AT&T (NYSE: T) closed at $25.29. T is reporting Q1 EPS before the open on April 22. May option implied volatility of 41 is below its 26-week average of 46, according to Track Data, suggesting decreasing price movement.

Exxon Mobil (NYSE: XOM) closed at $65.29. XOM is expected to report Q1 EPS on April 30. Crude oil futures are recently up 0.26% to $46 according to Bloomberg. May option implied volatility of 36 is below its 26-week average of 42, according to Track Data, suggesting decreasing price fluctuations.

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

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Last updated: November 26, 2009: 07:14 PM

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