Implied Volatility Alert: CI, PG
10/28/09
CI November volatility at 57, January at 51 into EPS and health insurance debate
Cigna Corp. (CI) is recently down 95 cents to $27.69.
The company is scheduled to report Q3 EPS Nov. 5.
CI November option implied volatility is at 57, and January is at 51, below its six-month average of 58, according to Track Data, suggesting decreasing price movement after EPS and Washington health insurance reform debate.
PG options active into EPS and outlook
Proctor & Gamble (PG) is recently up 59 cents to $57.78.
The company is scheduled to report Q1 EPS Oct. 29.
Citigroup Global Markets has a $66 price target on PG.
PG call option volume of 50,554 contracts compares to put volume of 37,401 contracts.
PG November option implied volatility is at 24, and December and January are at 22; versus its six-month average of 25, according to Track Data.
Posted at 3:40 p.m.
More Implied Volatility Alerts
Researcher Paul Foster has 23 years of professional experience in the capital markets, investments, trading, corporate finance, arbitrage, options, and mergers and acquisitions.
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