28
09
2007
Option update: Amazon (AMZN) near record high; Borders (BGP) near record low
Posted by: in Stocks Money NewsFiled under: Before the bell, Management, Amazon.com (AMZN), Options
Amazon (NASDAQ: AMZN) closed at $93.38.
- AMZN overall option implied volatility of 45 is above its 26-week average of 39 according to Track Data, suggesting larger price risks.
- www.Amazon.com operates retail websites.
Borders Groups (NYSE: BGP) recently closed at $13.10.
- Dow Jones reported: “Spencer Capital Management LLC, which holds a 7.9% stake in BGP, said Thursday that it has asked the book retailer to add a person designated by Spencer to its Board.”
- BGP over all option implied volatitliy of 48 is above its 26-week average of 37 according to Track Data, suggesting larger price risk.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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