Options Update: Yamana Gold volatility at 60 on $1093 gold

Posted Nov 6th 2009 8:00AM by Paul Foster
Filed under: Yamana Gold (AUY), Options, Limited Brands (LTD)

Yamana Gold (NYSE: AUY) closed at $11.79. Gold is recently up 0.40% to $1093.70 according to Bloomberg. AUY November option implied volatility is at 60; January is at 59; versus its 26-week average of 59, according to Track Data, suggesting non-directional price movement.

Limited (NYSE: LTD) closed at $17.89. LTD reported comparable store sales decreased 2% for Q3. LTD is expected to report Q3 EPS on November 19. LTD November option implied volatility is at 60; December is at 56 above its 26-week average of 53, according to Track Data, suggesting larger price movement.

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

Tags: auy, Limited, ltd, option implied volatility, OptionImpliedVolatility, Yamana Gold, YamanaGold