20
03
2008
Option Update: Palm volatility at 82; shares near five-year low into EPS
Posted by: in Stocks Money NewsFiled under: Palm Inc (PALM), Options
Palm (NASDAQ: PALM) is recently up 20 cents to $4.75.
PALM is expected to report Q4 EPS after the close tonight. RBC Capital says: “Recent stumbles suggest PALM is not out of the woods yet, and is still facing deep challenges.”
PALM’s overall option implied volatility of 82 is above its 26-week average of 60 according to Track Data, suggesting larger risk.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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