Options Update: Google and Cisco volatility at low end of range

Posted May 18th 2009 8:00AM by Paul Foster
Filed under: Google (GOOG), Cisco Systems (CSCO), Options

Google (NASDAQ: GOOG) closed at $390. The New York Times says: "New mood in antitrust may target Google." The WSJ reported Silicon Valley and GOOG are under a new tough phase antitrust scrutiny. GOOG June option implied volatility is at 32, below its 26-week average of 49 according to Track Data, suggesting decreasing price movement.

Cisco (NASDAQ: CSCO) closed at $19.75. CSCO's Unified Computing System (UCS) is expected to ship in June. CSCO June option implied volatility of 35 is below its 26-week average of 48, according to Track Data, suggesting decreasing price movement.

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

Tags: csco, goog, inthenews, option implied volatility, OptionImpliedVolatility, Silicon Valley, SiliconValley, The New York Times, The WSJ, TheNewYorkTimes, TheWsj