Respironics (NASDAQ: RESP) will be acquired by Philips (NYSE: PHG) for $66 in cash per cash. RESP, a provider of treatments for Obstructive Sleep Apnea, closed at $53.61. RESP over all option implied volatility of 28 is near its 26-week average according to Track Data, suggesting non-directional risk.
Genentech (NYSE: DNA) closed at $67.96. DNA will report EPS on January 14th. DNA January option implied volatility of 30 is above its 26-week average of 26 according to Track Data, suggesting larger price risk.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)
The Richest Woman in the World: How Gina Rinehart Earns her Billions

