Filed under: Rumors, AT and T (T), Options

EchoStar (NASDAQ: DISH) is recently up .64 to $48.82 on unconfirmed chatter the DISH really might be purchased by AT&T (NYSE:T). DISH & T have been frequently chattered over the last seven years as possible transaction partners. DISH announced on 9/26/07 the proposal to spin off its technology and infrastructure assets. DISH October 50 straddle is priced at $3.15. October option implied volatility of 50 is above its 26-week average of 32 according to Track Data, suggesting larger price fluctuations.

Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

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This entry was posted on Thursday, October 11th, 2007 at 12:48 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.