Implied Volatility Alert: DRYS, SQNM
08/28/09
DRYS options active on 80,000 contracts; volatility of 69 near one-year low
DryShips (DRYS) closed yesterday at $6.24.
DRYS options were active on volume of 80,093 contracts.
DRYS September option implied volatility is at 69, and October is at 71, below its six-month average of 114, according to Track Data, suggesting decreasing price movement.
SQNM September volatility at 97 and December at 120 into data
Sequenom (SQNM) closed yesterday at $5.38.
On April 29, SQNM announced data and test results related to its SEQureDX Down syndrome test that had been mishandled by employees. Revalidation studies of the Down syndrome test are expected in late 2009.
SQNM September option implied volatility is at 97, and December is at 120, versus its six-month average of 115, according to Track Data.
Posted at 9:15 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.
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