Options Update: Alcoa Volatility Flat; Shares Near 11-Month Low into EPS

Posted Jun 30th 2010 8:30AM by Paul Foster

Alcoa (AA) closed at $10.34. AA is expected to report Q2 EPS on July 11. Overall option implied volatility of 45 is near its 26-week average according to Track Data, suggesting nondirectional movement.

Siemens (SI) closed at $89.69. SI overall option implied volatility of 41 is above its 26-week average of 51, according to Track Data, suggesting larger price movement.

MSCI Emerging Markets Index (EEM) is recently up 48 cents to $38.05 in pre-open trading. EEM overall option implied volatility of 35 is above its 26-week average of 32 according to Track Data, suggesting larger price movement.

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.

Tags: AA, Alcoa, EEM, inthenews, options update, SI, Siemens