Filed under: Genentech Inc (DNA), Options
Genentech (NYSE: DNA) closed at $78.05 Wednesday.
The American Society of Clinical Oncology (ASCO) Annual Meeting will be held on May 30-June 2, 2008 in Chicago.
DNA June option implied volatility of 31 is above its 26-week average of 28 according to Track Data, suggesting slightly larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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