Progressive (NYSE: PGR) an auto insurance company, closed at $14.50. PGR July option implied volatility is at 49, August is at 44; below its 26-week average of 60; according to Track Data, suggesting decreasing price movement.
Willis Group (NYSE: WSH) a brokerage and risk management company, closed at $25.66. WSH July and August option implied volatility of 44 is below its 26-week average of 54, according to Track Data, suggesting decreasing movement.
Marsh & McLennan (NYSE: MMC) closed at $20.39. MMC July option implied volatility is at 32, August is at 36; below its 26-week average of 47 according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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