Options Update: Safeway Volatility Elevated into EPS, Harley Rallies

Filed under: Safeway Inc (SWY), Harley-Davidson (HOG), Options

Safeway Inc. (SWY) is expected to report Q3 EPS on October 14. Overall option implied volatility of 37 is above its 26-week average of 29. October 21 straddle is priced at $1.10 and December is at $2.10, according to Track Data, suggesting larger price movement.



Harley-Davidson, Inc. (HOG) rallied 2%. November call option implied volatility is at 45, January is at 46, compared to its 26-week average of 43. October 33 and November 35 calls are active according to Track Data, suggesting traders positioning for price movement.



CBOE Volatility Index: the VIX is near five month lows, suggesting less market risk.



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Safeway Volatility Elevated into EPS, Harley Rallies originally appeared on BloggingStocks on Wed, 13 Oct 2010 16:40:00 EST. Please see our terms for use of feeds.

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