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JockStocks: James Blake's new clothing line isn't about him

We've got the U.S. Open in New York right around the corner -- that's tennis folks -- and one of America's most recognizable stars, James Blake, has announced a collaboration with Fila to develop co-branded apparel. The agreement is being called a "co-branded collaboration" that is "inspired by the ATP world Tour tennis star's life and interests."

The collaboration between the two started back in January, when Blake and privately owned Fila began developing co-branded footwear, apparel, and accessories. The trademark was developed by Blake, and he settled on Thomas Reynolds as the line's name. Thomas Reynolds is the first and middle name of James' father, who Blake notes he was blessed to grow up with because his father taught him values that have been "the key to his success both on and off court." Blake's father passed away in 2004, succumbing to cancer.

Continue reading JockStocks: James Blake's new clothing line isn't about him

Option update: Procter & Gamble put volume volatility elevated, shares near 23-month low

Procter & Gamble (NYSE: PG) is recently up 26 cents to $61.09. PG is expected to report Q4 EPS in early August.

PG announced on June 30 that Derek Jeter, of the New York Yankees, will join Tiger Woods, Roger Federer and Thierry Henry as Gillette Champion ambassadors.

PG call option volume of 5,770 contracts compares to put volume of 38,520 contracts. PG August option implied volatility of 23 is above its 26-week average of 20 according to Track Data, suggesting price movement.

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

Symbol Lookup
IndexesChangePrice
DJIA+44.2910,291.26
NASDAQ+15.822,166.90
S&P 500+5.501,098.51

Last updated: November 12, 2009: 12:49 AM

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