Options Update: News Corp volatility low into EPS and advertising outlook

Posted Jul 29th 2009 8:30AM by Paul Foster
Filed under: News Corp'B' (NWS), Options

News Corp (NYSE: NWS) closed at $11.92. NWS is expected to report Q4 EPS in early August. NWS August option implied volatility is at 53, October is at 47; below its 26-week average of 59, according to Track Data, suggesting decreasing price movement.

Hartford Financial (NYSE: HIG) closed at $14.76. HIG is scheduled to report Q2 EPS on July 30. HIG call option volume of 19,071 contracts compares to put volume of 8,839 contracts. HIG August option implied volatility is at 86, September is at 78; below its 26-weeks average of 104, according to Track Data, suggesting decreasing price movement.

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

Tags: Hartford Financial, HartfordFinancial, option implied volatility, OptionImpliedVolatility