Warner Music (NYSE: WMG) closed at $5.11. WMG August and November option implied volatility of 92 is near its 26-week average of 96, according to Track Data, suggesting non-directional price movement.
Live Nation (NYSE: LYV) a producer of live concerts, closed at $4.70. LYV over all option implied volatility of 77 is below its 26-week average of 109, according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










