Options Update; Occidental Petroleum Volatility Flat

Filed under: Hewlett-Packard (HPQ), Options

Occidental Petroleum (OXY) closed up $3.19 to $75.42. WTI Crude futures closed up 2.73% to $75.36 according to Bloomberg. September put option implied volatility is at 29, November is at 33; versus its 26-week average of 32 according to Track Data, suggesting non-directional price movement.



3Par, Inc. (PAR) closed up $6.43 to $32.46. Hewlett-Packard Company (HPQ) announced a revised proposal to acquire 3PAR for $30 per share in cash. PAR options were active on 190K contracts according to Track Data, suggesting larger price movement. Paul Foster



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update; Occidental Petroleum Volatility Flat originally appeared on BloggingStocks on Fri, 27 Aug 2010 17:30:00 EST. Please see our terms for use of feeds.

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Option - BloggingStocks - Implied volatility - Put option - Hewlett-Packard

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