Satyam (NYSE: SAY) is recently trading at $1.44 in pre-open trading, below its close of $9.35. SAY Chairman Ramalinga Raju resigned after saying he falsified earnings and assets at India's fourth-largest software services provider. SAY January option implied volatility closed at 121, February at 114; above its 26-week average of 87, according to Track Data, suggesting larger price fluctuations.

Infosys (NASDAQ: INFY), a technology services firm based in India, closed at $26.60. INFY is scheduled to report Q3 EPS on January 12. INFY January 27.5 straddle is priced at $2.80, February 27.5 straddle is priced at $4.90. February option implied volatility of 63 is near its 26-week average according to Track Data, suggesting larger price movement.

Wipro Ltd (NYSE: WIT), a technology services company based in India, closed at $8.41. WIT is expected to report Q3 EPS in mid January. WIT February call option implied volatility is at 78, puts are at 86; near its 26-week average of 80, according to Track Data, suggesting non-directional price movement.

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

Options Update: Satyam volatility elevated; shares collapse on accounting fraud originally appeared on BloggingStocks on Wed, 07 Jan 2009 08:52:00 EST. Please see our terms for use of feeds.

ICICI Bank (NYSE: IBN), India's second largest bank IBN, closed at $13.21 Wednesday. IBN December option implied volatility of 143 is above its 26-week average of 82 according to Track Data, suggesting larger price fluctuations.

Infosys (NASDAQ: INFY), a technology services firm based in India, closed at $24.31 Wednesday. INFY December option implied volatility of 91 is above its 26-week average of 59 according to Track Data, suggesting larger price movement.

Satyam Computer Services (NYSE: SAY), a technology solution provider based in India, closed at $12.62 Wednesday. SAY over all option implied volatility of 85 is above its 26-week average of 76 according to Track Data, suggesting larger price fluctuations.

Wipro Ltd (NYSE: WIT), a technology services company based in India, closed at $7.47 Wednesday. WIT over all option implied volatility of 83 is above its 26-week average of 71 according to Track Data, suggesting larger price movement.

The Sensex rose 0.7 percent to 9,092.72 at the close in Mumbai India, the highest in almost two weeks.

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

Options Update: Volatility elevated for India-based companies; IBN, SAY, INFY, WIT originally appeared on BloggingStocks on Fri, 28 Nov 2008 08:48:00 EST. Please see our terms for use of feeds.

Infosys (NASDAQ: INFY), a technology services firm based in India, closed at $40.80 Tuesday. INFY chief executive said: "We are not seeing any trends towards driving prices downwards. There is (however) uncertainty about when the macro-environment will turn around" Down Jones. INFY overall option implied volatility of 43 is near its 26-week average according to Track Data, suggesting non-directional risk.

Satyam Computer Services (NYSE: SAY), a technology solution provider based in India, closed at $21.91 Tuesday. SAY overall option implied volatility of 53 is near its 26-week average, suggesting non-directional price fluctuations.

Wipro Ltd (NYSE: WIT), a technology services company based in India, closed at $11.60 Tuesday. Goldman Sachs raised its rating to Neutral from Buy on August 19. WIT overall option implied volatility of 50 is near its 26-week average of 47, suggesting non-directional price movement.

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

Option Update: India technology services firms' volatility flat (INFY, SAY, WIT) originally appeared on BloggingStocks on Wed, 20 Aug 2008 09:00:00 EST. Please see our terms for use of feeds.

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Analyst initiations: SFLY, DSCM, SYBT and SRCL originally appeared on BloggingStocks on Wed, 10 Oct 2007 11:12:00 EST. Please see our terms for use of feeds.