Exxon Mobil (NYSE: XOM) closed at $69.27. Crude oil futures are recently up 1.09% to $59.14 according to Bloomberg. June option implied volatility of 29 is below its 26-week average of 40, according to Track Data, suggesting decreasing price fluctuations.
Ford (NYSE: F) said it will issue 300M shares of common stock in a public offering and use some of the money for a union-run medical trust and general corporate purposes. F has 2.9B shares outstanding. F closed at $6.08. F June option implied volatility of 91 is below its 26-week average of 120, according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.










