Options Update: AIG Volatility At 28-month Lows

Filed under: Amer Intl Group (AIG), Options

American International Group, Inc. (AIG) announced a plan to repay all its obligations to American taxpayers. AIG shares closed up $1.65 to $39.10. Overall option implied volatility of 42 is below its 26-week average of 50, according to Track Data, suggesting decreasing price movement.

Spain's credit rating was lowered one level by Moody's on a weak economic outlook. The IBEX 35 Index is recently down 0.03%. MSCI Spain Index ETF (EWP) overall option implied volatility of 29 is below its 26-week average of 35 according to Track Data, suggesting decreasing price movement.

EnCana (ECA) October volume and volatility spiked in the last hour of trading as shares rallied 6%.

Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: AIG Volatility At 28-month Lows originally appeared on BloggingStocks on Thu, 30 Sep 2010 17:30:00 EST. Please see our terms for use of feeds.

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