Options Update: Estee Lauder August option prices up into EPS and outlook

Posted Aug 13th 2009 8:20AM by Paul Foster
Filed under: Estee Lauder (EL), Options

Estee Lauder (NYSE: EL) closed at $37.64. EL is scheduled to report Q4 EPS on August 13. EL August 35 straddle is priced at $3.50, September 35 straddle is at $4.50. EL September option implied volatility of 44 is near its 26-week average according to Track Data, suggesting non-directional price movement after EPS.

Patterson Companies (NASDAQ: PDCO) closed at $25.46. PDCO, a distributor of dental and veterinarian products, is scheduled to report Q1 EPS on August 20. August option implied volatility is at 53, September is at 37; verses its 26-week average of 41 according to Track Data, suggesting decreasing price movement after EPS.

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

Tags: el, inthenews, option implied volatility, OptionImpliedVolatility, Patterson Companies, PattersonCompanies, pdco