Apple (AAPL) is recently at $198.74 in pre-open trading. Apple December option implied volatility is at 31, January is at 33, April is at 32; below its 26-week average of 36 according to Track Data, suggesting decreasing price movement.
Palm (PALM) closed at $11.58. Palm is scheduled to report Q2 EPS on December 17. December option implied volatility is at 88, January is at 83, February is at 81; above its 26-week average of 79, according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com


