Research in Motion (RIMM) closed at $73.55. RIMM is expected to report Q4 EPS on March 30. March option implied volatility is at 37, April is at 45, June at 40; versus its 26-week average of 46, according to Track Data, suggesting non-directional price movement into EPS.
SPDR Homebuilders (XHB) closed at $16.73. XHB March call option implied volatility is at 23, puts at 30, April calls are at 22, puts are at 31, below its 26-week average of 37, according to Track Data, suggesting decreasing price movement.
Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.
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