Filed under: Options

ArthroCare (NASDAQ: ARTC), a medical device company, is recently down $2.48 to $52.42. ARTC December 50 straddle is priced at $6.10. ARTC call option volume of 1,233 contracts compares to put volume of 8,267 contracts. ARTC January option implied volatility of 64 is above its 26-week average of 41 according to Track Data, suggesting larger downside risks.

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

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This entry was posted on Tuesday, December 11th, 2007 at 8:31 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.