Apple (NYSE: AAPL) is recently trading up $2.94 to $146.68 in pre-open trading. The WSJ reported Steve Jobs is ready to return to AAPL helm. Apple Worldwide Developers Conference 2009 will be held on June 8-12 in San Francisco. AAPL June and July option implied volatility of 40 is below its 26-week average of 54, according to Track Data, suggesting decreasing price movement.
NASDAQ 100 (NASDAQ: QQQQ) overall implied volatility at 28; 26-week average is 35.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










