Options Update: Procter & Gamble Active

Filed under: Colgate-Palmolive (CL), Procter and Gamble (PG), Options

The Procter & Gamble Company (PG) closed down $1.03 to $61.67. PG is expected to report Q4 EPS on August 3. August and October put option implied volatility is at 21, January is at 22; above its 26-week average of 20. Call option volume of 8K contracts compares to put volume of 25K contracts according to Track Data, suggesting traders hedging for downside price movement.



Colgate-Palmolive Company (CL) closed down $5.02 to $78.85 in pre-open trading on Hill's pet food sales down 7.5%. Call option volume of 19K contracts compares to put volume of 19K contracts. Overall option implied volatility of 19 is near its 26-week average according to Track Data.



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Procter & Gamble Active originally appeared on BloggingStocks on Thu, 29 Jul 2010 17:40:00 EST. Please see our terms for use of feeds.

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Procter & Gamble - Colgate-Palmolive - Option - Business - Investing

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