Options Update: Sprint Shares Rally 6%

Filed under: Sprint Nextel Corp (S)

Sprint Nextel Corporation (S) January 5 and February 5 calls are active with total option volume of 240K contracts. December option implied volatility is at 41, January is at 48, February at 53 according to Track Data. Large call volume suggests larger price movement..

Micron Technology, Inc. (MU) January 10 calls are active with total call option volume of 160K contracts (47K puts). December and January option implied volatility is at 54, January is at 49; according to Track Data. Large call volume suggests traders positioning for upside.



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Sprint Shares Rally 6% originally appeared on BloggingStocks on Mon, 06 Dec 2010 17:00:00 EST. Please see our terms for use of feeds.

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