Yingli Green Energy (NYSE: YGE) closed at $11.74. YGE is scheduled to report Q2 EPS today. YGE August 12 straddle is priced at $1.65, September 12 straddle is priced at $2.90. YGE September option implied volatility of 100 is above its 26-week average of 91, according to Track Data, suggesting larger price movement.
Anadarko Petroleum (NYSE: APC) closed at $50.46. Crude oil futures are recently up 0.61% to $68.70 according to Bloomberg. APC September option implied volatility is at 40, November is at 41; below its 26-week average of 51, according to Track Data, suggesting decreasing price movement.
Options Update: Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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