Options Update: CurrencyShares Japanese Yen Trust Overall Volatility Elevated as Yen Rallies

Filed under: Red Hat Inc (RHT), Options, Israel, Currency

CurrencyShares Japanese Yen Trust (FXY) closed up 1.2% in pre-open trading. Overall option implied volatility of 15 is above its 26-week average of 11, according to Track Data, suggesting larger price movement.



Red Hat Inc. (RHT) April 44 calls were active on 26K contracts. April and June call 40 call option implied volatility is at 43. This is compared to its 26-week average of 39 according to Track Data, suggesting traders taking positions for larger movement into Q4 results expected to be released on March 23.



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: CurrencyShares Japanese Yen Trust Overall Volatility Elevated as Yen Rallies originally appeared on BloggingStocks on Thu, 17 Mar 2011 17:45:00 EST. Please see our terms for use of feeds.

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