Potash September Put Volatility at 37 After Rejection of BHP Billiton Offer

Filed under: Options, Las Vegas Sands (LVS), Potash Corp. of Saskatchewan (POT)

Potash (POT) rejected a $130 per share buyout proposal from BHP Billiton. POT closed up $31.02 to $143.17. POT call option volume of 170K contracts compares to put volume of 115K contracts. September put option implied volatility is at 37, December is at 32; verses its 26-week average of 38 according to Track Data, suggesting decreasing December price movement.



Las Vegas Sands (LVS) is closed up 88 cents to $29.74. LVS call option volume of 79K contracts compares to put volume of 30K contracts. August put option implied volatility is at 44, September is at 47, December is at 56; verses its 26-week average of 61 according to Track Data, suggesting decreasing near term price risk.



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Potash September Put Volatility at 37 After Rejection of BHP Billiton Offer originally appeared on BloggingStocks on Tue, 17 Aug 2010 16:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments
















BHP Billiton - Potash Corporation of Saskatchewan - BloggingStocks - Option - Las Vegas Sands

Full story at http://www.pheedcontent.com/click.phdo?i=4c4a325e7955455135755ebc881f9954