Popular, Inc. (NASDAQ: BPOP) volatility elevated at 51 as shares near 10-year low.

Comerica Incorporated (NYSE: CMA) option implied volatility elevated at 45.

Fifth Third Bancorp (NYSE: FITB) volatility elevated at 40 as shares near 1-year low.

TCF Financial Corporation (NYSE: TCB) volatility elevated at 53 as shares near six-year low.

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

National City (NYSE: NCC) volatility Elevated; NCC sells off on EPS & loan exposure. NCC reported 3rd quarter 2007 net income of $106 million, or 18 cents per diluted share. Goldman Sachs says "turning NCC around is going to take time. Mortgage contributions are likely to remain depressed, while credit will remain an issue." NCC has a current dividend yield of 7.34%. NCC November option implied volatility of 45 is above its 26-week average of 31 according to Track Data, suggesting larger price fluctuations.

Fifth Third Bancorp (NASDAQ: FITB) volatility Elevated as FITB near 10-year low. FITB, headquartered in Cincinnati, is recently down $0.99 to $28.99. Smith Barney says "while FITB was going through its regulatory issues, it tried to offset by taking on more rate risk. One of our concerns has been that it was also taking more credit risk." FITB November option implied volatility of 38 is above its 26-week average of 27 according to Track Data, suggesting larger price risks.

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

MOST NOTEWORTHY: Palm (PALM), Fuel Tech (FTEK), Weyerhaeuser (WY), and John Wiley & Sons (JW.A) were today's noteworthy upgrades:

• Palm Inc (NASDAQ: PALM) was upgraded to Outperform from Market Perform by Morgan Keegan, who expects PALM's recapitalization to bring more financial discipline, better growth from new products, and views the valuation as compelling.
• FuelTech Inc (NASDAQ: FTEK) was upgraded to Buy from Accumulate at ThinkEquity, which believes the company technologies are well-positioned as the U.S. Clean Air Act takes effect.
• Bank of America upgraded Weyerhaeuser Company (NYSE: WY) to Buy from Neutral, citing valuation and their prediction that the company's restructuring will create value for shareholders.
• John Wiley & Sons Inc (NYSE: JW.A) was upgraded to Buy from Hold by Stifel Nicolaus & Co, which views the company as a consistent performer with emerging catalysts and reasonable valuation.

OTHER UPGRADES:

• Circuit City Stores Inc (NYSE: CC) was added to the SMid Money List at JP Morgan.
• Fifth Third Bancorp (NASDAQ: FITB) was upgraded to Market Perform from Underperform at Keefe Bruyette & Woods.
• United Technologies Corporation (NYSE: UTX) was upgraded to Outperform from Market Perform by Bernstein.
• BreitBurn Energy Partners LP (NASDAQ: BBEP) was upgraded to Buy from Hold by AG Edwards.