BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Option Update; Chesapeake Energy volatility at 198; Chairman sells $560 million of CHK]]>http://www.bloggingstocks.com/2008/10/13/option-update-chesapeake-energy-volatility-at-198-chairman-sel/http://www.bloggingstocks.com/2008/10/13/option-update-chesapeake-energy-volatility-at-198-chairman-sel/http://www.bloggingstocks.com/2008/10/13/option-update-chesapeake-energy-volatility-at-198-chairman-sel/#commentsFiled under: ,

Chesapeake Energy (NYSE-CHK), a producer of natural gas, is recently trading at $18.25 in pre-open trading, above its close of $16.52. Mcclendon Aubrey Kerr, Chairman of CHK, sold 31,522,923 shares at $18.06 for $569,326,055 from October 8 to October 10. CHK will host an analyst meeting on October 15. CHK's Natural Gas futures are recently up 1.90% to $6.659 according to Bloomberg. CHK November option implied volatility of 198 is above its 26-week average of 57 according to Track Data, suggesting larger price movement.

Lloyds TSB Group (NYSE-LYG), Royal Bank of Scotland Group Plc (NYSE-RBS) and HBOS Plc will get a $64 billion bailout from the U.K. government. LYG over all option implied volatility of 111 according to Track Data, suggesting large price movement.

Banco Santander (NYSE-STD) closed at $12.34. STD confirmed it's in talks to acquire full control of Sovereign - (NYSE-SOV). STD has a 24.9% stake in SOV and three seats on the board. STD November option implied volatility of 104 is above its 26-week average of 43, suggesting larger price movement.

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

Option Update; Chesapeake Energy volatility at 198; Chairman sells $560 million of CHK originally appeared on BloggingStocks on Mon, 13 Oct 2008 09:12:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Banco SantanderBancoSantanderHBOS PlcHbosPlcinthenewsLloyds TSB GroupLloydsTsbGroupoption implied volatilityOptionImpliedVolatilityRoyal Bank of Scotland Group PlcRoyalBankOfScotlandGroupPlcSovereignU.K. governmentU.k.GovernmentMon, 13 Oct 2008 09:12:00 EST<![CDATA[In the U.K., the bell tolling for housing market has a familiar ring to it]]>http://www.bloggingstocks.com/2008/02/12/in-the-u-k-the-bell-tolling-for-housing-market-has-a-familiar/http://www.bloggingstocks.com/2008/02/12/in-the-u-k-the-bell-tolling-for-housing-market-has-a-familiar/http://www.bloggingstocks.com/2008/02/12/in-the-u-k-the-bell-tolling-for-housing-market-has-a-familiar/#commentsFiled under: , , ,

The ever-incisive FT columnist and economist Martin Wolf offers fairly harsh advice for those in the United Kingdom (and the United States) considering a house purchase, on the belief that home prices have bottomed and will recover soon: that recovery is not happening any time soon. Nor should it, he argues.

The U.K. Government, Wolf said, should not try to protect banks to save the housing market. To do this would encourage innocent prospective buyers (new borrowers) to buy at what is probably the top of "a hugely stretched market."

And the characteristics of the U.K.'s housing bubble versus the United States' deflating housing balloon/bursting bubble? Tax laws differ by nation, of course, but there are strong indications the U.K.'s bubble may at least be equal to the U.S.'s: U.K. home prices have increased 150%, in real terms, since 1996. At the same time, the ratio of U.K. household liabilities to disposable income is 175% in 2008, compared to slightly more than 100% in the mid-1990s. Wolf's conclusion: that's an unsustainable growth in debt that is coming to an end.

Continue reading In the U.K., the bell tolling for housing market has a familiar ring to it

In the U.K., the bell tolling for housing market has a familiar ring to it originally appeared on BloggingStocks on Tue, 12 Feb 2008 17:21:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bank of Englandfiscal policyhome priceshousinghousing sectorMartin Wolfmonetary policyU.K. GovernmentU.S. CongressU.S. Federal ReserveUnited KingdomWolfTue, 12 Feb 2008 17:21:00 EST