AT&T (T) closed at $26.40. T is expected to report Q1 EPS on April 21. International CTIA Wireless 2010 begins on March 23 in Las Vegas. April option implied volatility is at 16; July is at 20; below its 26-week average of 22, according to Track Data, suggesting decreasing price movement.

Verizon (VZ) closed at $30.65. VZ is scheduled to report Q1 EPS on April 22. International CTIA Wireless 2010 begins on March 23 in Las Vegas. April option implied volatility of 18, July is at 21; below its 26-week average of 22, according to Track Data, suggesting decreasing price movement.

Update is by Stock Specialist Paul Foster of theflyonthewall.com

Pharmaceutical HOLDR (PPH) closed at $66.67. PPH April put option implied volatility is at 17, May is at 20, August is at 22, versus its 26-week average of 18, according to Track Data, suggesting non-directional price movement.

CBOE Volatility Index (VIX) at 16.62; 10-day moving average is 17.66, 50-day is 20.67, 200-day is 23.80.

SPDR Gold Trust (GLD) overall implied volatility at 20; 26-week average is 23.

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

General Electric (GE) closed at $18.04. GE is scheduled to report Q1 on April 16. GE April put option implied volatility is at 30, June puts are at 27, September is at 30; below its six-month average of 33, according to Track Data, suggesting decreasing price movement.

eBay (EBAY) closed at $26.98. PayPal announced it plans to double the number of employees in the Asia Pacific region from 1,000 to more than 2,000 by the end of the year. EBAY April put volatility is at 30, July is at 34, versus its 26-week average of 34, according to Track Data, suggesting non-directional price movement.

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

SPDR Gold Trust (GLD) recently up 52 cents to $110.92 in pre-open trading. Gold is recently up 0.88% to $1,132.40. GLD overall option implied volatility of 19 is below its 26-week average of 23, according to Track Data, suggesting decreasing price movement.

JP Morgan (JPM) closed at $43.24. JPM is expected to report Q1 EPS in mid-April. April put option implied volatility is at 32, June is at 30, below its 26-week average of 34, according to Track Data, suggesting decreasing price movement.

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

iShares Trust FTSE/Xinhua China 25 Fund (FXI) closed at $41.35. Chinese CPI rose 2.7% in February. Overall option implied volatility of 26 is below its 26-week average of 32, according to Track Data, suggesting decreasing price movement.

Devon Energy (DVN) closed at $72.04. DVN entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0B. WTI Crude oil futures are recently up 0.58% to $82.59, according to Bloomberg. April option implied volatility is at 29, July is at 32, October is at 34; below its 26-week average of 34, according to Track Data, suggesting decreasing near term price movement.

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

Research in Motion (RIMM) closed at $73.55. RIMM is expected to report Q4 EPS on March 30. March option implied volatility is at 37, April is at 45, June at 40; versus its 26-week average of 46, according to Track Data, suggesting non-directional price movement into EPS.

SPDR Homebuilders (XHB) closed at $16.73. XHB March call option implied volatility is at 23, puts at 30, April calls are at 22, puts are at 31, below its 26-week average of 37, according to Track Data, suggesting decreasing price movement.

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

Sony (SNE) closed at $36.75. SNE April put option implied volatility is at 29, July is at 30, and October is at 31; below its 26-week average of 34, according to Track Data, suggesting decreasing price movement.

Goldman Sachs (GS) closed at $169.84. March put option implied volatility is at 31, April is at 32, versus its six-month average of 33, according to Track Data, suggesting non-directional price movement.

Three stocks with IV rise on March 5; Ciena (CIEN) +11%, Palm (PALM) +9%, Best Buy (BBY) +2%, according to IVolatility.

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

Toyota Motor (TM) closed at $76.94. March put option implied volatility is at 32, below a level of 46 from early February, April puts are at 32, versus its 26-week average of 30, according to Track Data, suggesting non-directional price movement.

MGM Mirage (MGM) closed at $11.27. MGM March put option implied volatility is at 54, June is at 59, and September is at 62, below its 26-week average of 73, according to Track Data, suggesting decreasing price movement.

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

iShares NASDAQ Biotechnology Index (IBB) closed at $87.75. IBB March and April put implied volatility is at 21; versus its 26-week average of 22, according to Track Data, suggesting non-directional price movement.

Starbucks (SBUX) closed at $22.92. SBUX March put option implied volatility is at 24, April is at 27, July is at 31; below its 26-week average of 36, according to Track Data, suggesting decreasing price movement.

IVX Volatility Monitor: CBOE DJ Industrial Average Index (DJX) closed at 14.8, NASDAQ-100 (NDX) closed at 16.7, PowerShares Nasdaq 100 (QQQQ) closed at 17.2 according to IVolatility.

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

Visa (V) closed at $86.80. The company is hosting an investor meeting on March 11. March and April put option implied volatility is at 23, June is at 26; below its 26-week average of 30, according to Track Data, suggesting decreasing price movement.

Bank of America (BAC) closed at $16.37. March put option implied volatility is at 32, April and May is at 35; below its 26-week average of 44, according to Track Data, suggesting decreasing price movement.

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

Qualcomm (QCOM) rallied 6.7% to $37.93 after approving a 12% increase in its quarterly dividend and authorizes a new $3 billion share buyback program. March put option implied volatility is at 32, April puts are at 31; near its 26-week average of 31 according to Track Data, suggesting non-directional price movement.

Dendreon (DNDN) closed at $33.26. Dendreon's provenge (a drug that prolongs the lives of advanced prostate-cancer patients) has a PDUFA on May 1, 2010, by which time it will respond to Dendreon's amended Biologics License Application (BLA). March put option implied is at 74, May puts are at 92; verses its 26-week average of 76, according to Track Data, suggesting larger price movement this spring.

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

Market Vector Gold Miners (GDX) closed at $44.64. Gold is recently up 0.19% to $1120.40. GDX overall option implied volatility of 39 is below its 26-week average of 43, according to Track Data, suggesting decreasing price movement.

Southern Copper (SCCO) closed at $30.08. Copper is recently up 1.95% to 334.80, according to Bloomberg. SCCO March option implied volatility is at 41, April and June is at 42; near its 26-week average of 43, according to Track Data, suggesting non-directional price movement.

Google (GOOG) closed at $526.42. Three GOOG executives were convicted of violating Italian privacy laws on February 24, the first case to hold the company's executives criminally responsible for the content posted on its system. March and June option implied volatility of 22 is below its 26-week average of 27, according to Track Data, suggesting decreasing price movement.

Palm (PALM) closed at $6.53 after announcing its sees FY2010 revenue well below prior $1.6B-$1.8B view. March call option implied volatility is at 86, puts at 89, versus its 26-week average of 72 according to Track Data, suggesting larger price movement.

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

HSBC Holdings (HBC) closed at $55.23. HBC is expected to report Q4 EPS on March 2. March put option implied volatility is at 39, April and June puts are 34; above its 26-week average of 32, according to Track Data, suggesting larger price movement.

Petrobras (PBR) closed at $41.58. PBR is expected to report Q4 EPS in early March. Crude oil futures are recently down 0.58% to $79.54 a barrel according to Bloomberg. March put option implied volatility is at 37, July is at 38; versus its 26-week average of 39, according to Track Data, suggesting non-directional price movement.

Update is by Stock Specialist Paul Foster of theflyonthewall.com

Palm (PALM) closed at $8.20. Palm is expected to report Q3 EPS on March 19. March call option implied volatility is at 86, puts at 94, May calls are at 73, puts are at 85, versus its 26-week average of 70, according to Track Data, suggesting larger price movement. Puts are more expensive than calls because PALM is difficult to borrow.

TiVo (TIVO) closed at $9.64. TIVO is expected to report Q4 EPS on March 2. Call option volume of 14,764 contracts compares to put volume of 1,427 contracts. March put option implied volatility is at 118, May is at is at 101, August is at 89, versus its six-month average of 84, according to Track Data, suggesting larger near-term price movement.

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