Options Update: Apollo Group volatility increases; shares near 44-month low

Filed under: Options, U.S. Bancorp (USB)

Apollo Group, Inc. (APOL) closed down $1.51 to $38.96. Education Secretary Arne Duncan said his department will increase oversight of federal student financial-aid programs in a letter to Senator Harkin, according to Bloomberg. September put option implied volatility is at 53, November is at 54; above its 26-week average of 48 according to Track Data, suggesting larger price movement.



US Bancorp (USB) closed down 20c to $22.24. USB overall option implied volatility of 35 is above its 26-week average of 32, according to Track Data, suggesting larger price movement.



CBOE Mini-NDX-MNX down $1.18 to 182.03; overall volatility at 20.



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Apollo Group volatility increases; shares near 44-month low originally appeared on BloggingStocks on Fri, 13 Aug 2010 16:40:00 EST. Please see our terms for use of feeds.

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BloggingStocks - US Bancorp - Apollo Group - Implied volatility - Put option

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