Options Update: Procter & Gamble and Colgate volatility low into EPS

Posted Apr 29th 2009 9:20AM by Paul Foster
Filed under: Colgate-Palmolive (CL), Procter and Gamble (PG), Options

Procter & Gamble (NYSE: PG) closed at $49.69. PG is scheduled to report Q3 EPS on April 30. PG May option implied volatility is at 33; June is at 31; below its 26-week average of 35 according to Track Data, suggesting decreasing price movement.

Colgate-Palmolive (NYSE: CL) closed at $58.98. CL is scheduled to report Q1 EPS and provide organic growth outlook on April 30. CL May option implied volatility is at 33, June is at 31; below its 26-week average of 34, according to Track Data, suggesting decreasing price movement after EPS.

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

Tags: cl, inthenews, option implied volatility, OptionImpliedVolatility, pg