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Option update 8-27-07: Chinese stocks rally to record on elevated volatility

iShares Trust FTSE/Xinhua China 25 Fund (NYSE: FXI) volatility up:

FXI rallied 6% to a record. FXI is an index fund that seeks investment results that correspond generally to the price and yield performance of the FTSE/Xinhua China 25 Index. FXI was recently up $10.29 to $153.94. FXI September option implied volatility was at 53 above its 26-week average of 30 according to Track Data, suggesting larger risk.

China Mobile LTD (ADR) (NYSE: CHL) volatility elevated as CHL rallies 5% to record High.

CHL, a global wireless carrier with 301 million subscribers, was recently up $3.77 to $67.65. CHL September option implied volatility of 47 was above its 26-week average of 33 according to Track Data, suggesting larger price risk.

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

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 27, 2009: 05:01 AM

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