Google(NASDAQ:GOOG) closed at $694.04. International CES will be held January 7-10 in Las Vegas. GOOG will be participating in the 700 MHz spectrum auction that begins in January. GOOG is expected to report EPS in late January. GOOG December 690 straddle is at $24.70. GOOG January option implied volatility is at 32, March is at 36. GOOG's average option implied volatility over the last 26-weeks is 31 according to Track Data, suggesting larger risk after January expiration on January 18, 2008.

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

Options update: Google March volatility of 36 is skewed higher into EPS originally appeared on BloggingStocks on Fri, 14 Dec 2007 10:49:00 EST. Please see our terms for use of feeds.

Google (NASDAQ: GOOG) will be participating in the 700 MHz spectrum auction that begins in January. Bank of America says: "We believe GOOG has largely applied for the auction as gesture of good faith in conjunction with its aggressive lobbying of the FCC for open access conditions." BAMO goes on to say: "We are therefore skeptical GOOG is looking forward to outbidding VZ in a $5+ billion contest for the privilege of spending a $7+ billion to build out a network." GOGG December straddle is at $44.40. December front month equity options expire on 12/21/07.

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

Option update: Google December straddle at $44.40 originally appeared on BloggingStocks on Wed, 05 Dec 2007 10:26:00 EST. Please see our terms for use of feeds.

AT&T Inc. (NYSE: T) recently up 39c to $37.90:

AT&T will be participating in the 700 MHz spectrum auction that begins in December. AT&T's CEO & Chairman Randall Stephenson said last night "700 MHz is the last available spectrum out there." The company has been frequently chatted about as interested in acquiring DISH. T December option implied volatility of 32 was above its 26-week average of 27 according to Track Data, suggesting larger risk.

Verizon Communications Inc. (NYSE: VZ) recently up 09c to $42.50:

VZ is expected to be participating in the 700 MHz spectrum auction that begins in December. VZ over all option implied volatility of 29 was above its 26-week average of 25 according to Track Data, suggesting slightly larger risk.

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

Option update: AT&T & Verizon expected to bid for 700 MHz Spectrum originally appeared on BloggingStocks on Thu, 29 Nov 2007 17:26:00 EST. Please see our terms for use of feeds.