Microsoft (NASDAQ: MSFT) closed at $19.75. MSFT Window 7 is expected to be released in late 2009-early 2010. MSFT June option implied volatility is at 33, July is at 36; below its 26-week average of 45, according to Track Data, suggesting decreasing price movement.
UltraShort S&P500 ProShares (NYSE: SDS) is recently up 66 cents to $61.20 in pre-open trading. SDS seeks daily investment results that correspond to twice the inverse daily performance of the S&P 500. SDS option implied volatility of 60 is below its 26-week average of 74, according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










