Getty Images, Inc. (NYSE: GYI) volatility elevated as GYI nears 5-year low:

GYI, a creator and distributor of visual content, was recently down 34 cents to $27.28. Goldman Sachs Group, Inc. (NYSE: GS) says "GYI's business model remains in transition." GSCO went on to say "we see no rush to own shares." GYI October option implied volatility of 40 was above its 26-week average of 33 according to Track Data, suggesting larger risk.

Jupitermedia Corporation (NASDAQ: JUPM) option implied volatility elevated at 74:

JUPM, a provider of online information, images & research, was recently up a cent to $6.18. JUPM is expected to report earnings per share on November 8th. JUPM over all option implied volatility of 74 was above its 26-week average of 55 according to Track Data, suggesting larger risks.

Cree, Inc. (NASDAQ: CREE) option volume and volatility was elevated as CREE rallied 7%.

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

Option update 9-20-07: Volatility up at Getty Images and Jupitermedia originally appeared on BloggingStocks on Thu, 20 Sep 2007 16:28:00 EST. Please see our terms for use of feeds.