Filed under: Sun Microsystems (JAVA), Options

Sun Microsystems (NASDAQ: JAVA) is recently up 7 cents to $19.12.

Jonathon Schwartz was appointed CEO and President in April of 2006. KKR was given one board seat in January of 2007 after JAVA made a convertible $700 million private placement transaction with JAVA. JAVA January option implied volatility of 34 is below its 26-week average of 39 according to Track Data, suggesting decreasing price risk.

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

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This entry was posted on Thursday, December 13th, 2007 at 10:11 pm 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.