Options Update: LDK Solar (LDK) & Rambus (RMBS)
LDK Solar (LDK)
LDK Volatility Flat At 90 As Shares Near Record Low
LDK, a manufacturer of multicrystalline solar wafers, is recently down $1.08 to $20.42.
LDK April option implied volatility of 90 is near its 26-week average of 87, suggesting non-directional price movement.
Rambus (RMBS)
RMBS Options Suggests Larger Movement On Claim Issue Expectations
RMBS is recently up $.97 to $18.29.
RMBS has upcoming patent infringement and anti-trust claim issues.
RMBS call option volume of 24,711 contracts compares to put volume of 8,576 contracts.
RMBS March 17.5 straddle is priced at $2.00.
RMBS April option implied volatility is at 122, May is at 104 and August is at 83. This is above its 26-week average of 70, suggesting larger price movement.
"
About Paul Foster
Paul Foster is a former member of the Chicago Board Options Exchange with 21-years of professional experience in the capital markets, investments, trading, corporate finance, arbitrage, options and mergers & acquisitions. His writing about the options market has appeared in a wide variety of publications.
View Paul Foster's post archive >
