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United Rentals Inc. (NYSE: URI) confirmed that the trial in its lawsuit against Cerberus Capital Management for walking away from a $4 billion buyout of URI has been postponed for a day to allow the parties to continue with settlement talks. URI over all option implied volatility of 86 is above its 26-week average of 30 according to Track Data, indicating larger movement.

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

Options update: United Rentals volatility up into Cerberus settlement talks originally appeared on BloggingStocks on Mon, 17 Dec 2007 11:02:00 EST. Please see our terms for use of feeds.

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