Filed under: Countrywide Financial (CFC), Options

Countrywide (NYSE: CFC) is down 51 cents $7.16. CFC July 5 puts are bid $1.40. CFC call option volume of 4,456 contracts compares to put volume of 3,978 contracts. CFC call option volume of 17,149 contracts compares to put volume of 36,487 contracts. CFC February option implied volatility of 133 is above its 26-week avearge of 85 according to Track Data, suggesting larger downside price risk.

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

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This entry was posted on Tuesday, January 8th, 2008 at 10:04 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.