03
12
2007
Option update: Macy’s volatility up as shares near two-year low
Posted by: in Stocks Money NewsFiled under: Options
Macy’s (NYSE: M) is recently up 33 cents to $30. M has been frequently mentioned over the last 10 months as a buyout candidate because of its real estate. M December & January option implied volatility of 52 is above its 26-week average of 42 according to Track Data, suggesting larger risk.
Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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