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Option update 2-6-08: JDSU volatility elevated following better-than-expected EPS

JDSU (NASDAQ: JDSU) is recently up $1.84 to $12 in pre-open trading.

JDSU reported Q2 EPS of 22 cents versus consensus estimates of 12 cents, as well as better-than-expected guidance.

Roth Capital Partners says: "Absolutely a brilliant quarter (And guidance wasn't too shabby); Maintain Buy."

JDSU is a provider of optical products and measurement solutions for telecommunication service companies.

JDSU overall option implied volatility of 61 is above its 26-week average of 46 according to Track Data, suggesting larger price movement.

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

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Last updated: March 11, 2010: 10:42 PM

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