AOL Money & Finance

VolatilityIndex- posts

Feed

Option update 10-31-07: Newmont Mining volatility at 38 as NEM rallies 8% on EPS, Gold near $800

Newmont Mining Corporation (NYSE: NEM), the world's largest non-hedged gold producer, recently up $4.13 to $50.59:


NEM reported third quarter earnings per share of 72 cents verses consensus estimates of 25 cents. Gold was recently up .95% to $795.30 according to Bloomberg. NEM call option volume of 68,640 contracts compares to put volume of 36,594 contracts. NEM November option implied volatility of 38 was above its 26-week average of 32 according to Track Data, suggesting non-directional price risks.

Bank of America Corporation (NYSE: BAC) recently up 21 cents to $48.22:

BAC call option volume of 13,902 contracts compared to put volume of 4,588 contracts. BAC November option implied volatility of 28 was above its 26-week average of 23 according to Track Data, suggesting larger risk.

Volatility Index: VIX down 2.35 to 18.34, suggesting less risk after rate cut.

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

Visit AOL Money & Finance for more earnings coverage

Symbol Lookup
IndexesChangePrice
DJIA-47.2410,244.02
NASDAQ-5.512,161.39
S&P 500-5.961,092.55

Last updated: November 12, 2009: 11:25 AM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance