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MGM Mirage (MGM) closed at $10.56. MGM says Dubai World's financial troubles wouldn't affect its CityCenter project. MGM December and January option implied volatility of 70 is below 26-week average of 89, according to Track Data, suggesting decreasing price movement.
Hologic (HOLX), a digital mammography company, closed at $14.42. HOLX will be displaying its diagnostic imaging products at the Radiological Society of North America (RSNA) 2009 Annual Meeting today. December option implied volatility is at 43, January is at 42; below its 26-week average of 50, according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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