Implied Volatility Alert: BRCD, VIX
10/06/09
BRCD options active second day after buyout report
Brocade (BRCD) is recently up 4 cents to $9.12.
On Oct. 5, the Wall Street Journal reported that the data storage and networking firm put itself up for sale.
Goldman Sachs (GS) has a $10.50 price target on BRCD.
BRCD call option volume of 63,238 contracts compares to put volume of 14,896 contracts.
BRCD October option implied volatility is at 65, above a level of 55 from last week, and above its six-month average of 56, according to Track Data, suggesting larger price movement.
VIX down to 24.68
The CBOE Volatility Index (VIX) is recently down 1.16 to 24.68.
Posted at 3:50 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.
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
Why You Should Have Faith in Oracle
Options players are seemingly trying to call a top in Oracle Corp. (ORCL), but we think the stock still has room to run.
How Wicked is the Quadruple Witching?
Friday is a quadruple witching expiration day, where we'll see stock options, index options, index futures and single stock futures expire. Should you be scared?
4 Lucky Option Trades for St. Patty's Day
Tap into the luck of the Irish with these option trades.
Does the S&P's Breakout Mean Anything?
After three straight closes at the January high of 1,150, the S&P 500 finally broke through the barrier and closed above it. But what does this mean for investors?
Newmont Mining Corp. (NEM), one of the world's largest gold producers, just issued a buy signal.
