Implied Volatility Alert: QCOM, RIMM
11/05/09
QCOM December volatility flat on Q4 revenue decrease of 19%
Qualcomm (QCOM) closed yesterday at $41.60.
The company reported Q4 revenue of $2.6 billion versus a consensus of $2.84 billion.
Goldman Sachs reiterated its "buy" rating on QCOM.
QCOM November option implied volatility at 45, and December is at 37, versus its six-month average of 35, according to Track Data, suggesting non-directional price movement after EPS.
RIMM December volatility at 57 into $1.2 billion share repurchase
Research In Motion (RIMM) is recently trading at $58.50 in pre-market trading, above yesterday's close of $57.61.
The company authorized a share repurchase of up to $1.2 billion.
This morning the Wall Street Journal's "Heard on the Street" asked, "Is smartphone BlackBerry in danger of becoming the AOL of the mobile-device market?"
The company is expected to report Q3 EPS Dec. 17.
RIMM November option implied volatility is at 48, and December is at 57, versus its 26-week average of 51, according to Track Data.
Posted at 9 a.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.
TWITTER TRADERS
5 Ways Twitter Can Make You a Better Trader
Twitter is an invaluable tool for investors and option traders. Tobin Smith explains how you can use Twitter to your advantage. more
Options Twits: 8 Options Gurus You Should Follow on Twitter
In the spirit of sharing, we've put together a short list of options experts on Twitter. If you're trader on twitter and are looking for actionable and real-time tweets about options, these are your twits. more
Q&A With 5 Traders on Twitter
Investors and traders use Twitter as an invaluable resource to get real-time information and advice. We've highlighted 5 traders to help them in their trades. more
Full Q&A With Investors and Traders on Twitter
Twitter is growing in popularity amongst investors. Especially amongst traders. Here's a Q&A we conducted with 5 Traders on Twitter. more
If you think the banks are out of the woods, you have another thing coming. Find out why there is more pain in store next year and get two ways to profit from it.
How to Trade a Bull Call Spread
Learn about this vertical debit spread strategy and when traders should use it.
The 'MAC' Daddy of Moving Averages
Learn how the Moving Average Convergence/Divergence (MACD) can help you to identify when a stock is overbought or oversold.
2 Stocks Likely to Get 'Pinned' Down
Learn about pin risk heading into expiration and get two names that look like they could fall victim to it.
6 Options Trades You Can Be Thankful For
In the spirit of Thanksgiving, we'd like to give you even more reasons to be thankful this year in the form of some very tasty profits.
