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Option update 10-3-07: LDK Solar (LDK) implied volatility spikes as LDK sells off 24%

LDK Solar (NYSE: LDK), a manufacturer of multicrystalline solar wafers, was sold off down $16.65 to $51.65. Piper Jaffray said "We have confirmed that the LDK financial controller recently left the company." LDK October option implied volatility of 133 was above its 12-week average of 69 according to Track Data, suggesting larger risk.


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

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Last updated: November 12, 2009: 07:40 AM

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