Options Update: Pfizer, Bristol-Meyers and Merck volatility low

Posted Dec 7th 2009 8:00AM by Paul Foster
Filed under: Pfizer (PFE), Bristol-Myers Squibb (BMY), Merck and Co (MRK), Options

Pfizer (PFE) closed at $18.49. December and January option implied volatility is at 27, March is at 28, versus its 26-week average of 32, according to Track Data, suggesting decreasing price movement.

Bristol-Myers (BMY) closed at $25.14. Overall option implied volatility of 25 is below its 26-month average of 28, according to Track Data, suggesting decreasing price movement.

Merck (MRK) closed at $36.70. December option implied volatility is at 27, January is at 28, below its 26-week average of 31, according to Track Data, suggesting decreasing price movement.

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

Tags: BMY, MRK, option implied volatility, OptionImpliedVolatility, PFE