Under Armor UARM (news,
chart,
quote) - UARM option implied volatility spikes to 87 on aggressive option volume
UARM is up 3.42 to $39.78. TWPT started UARM at a Peer Perform on 12/28/05. UARM January 40 calls have traded 247 times on transaction volume of 2,104 contracts at a VWAP of 2.91. UARM has a theoretical value of a $2.41 with open interest of 472 contracts. UARM options began trading at an implied volatility of 43 on 12/05/05; today UARM January option implied volatility is up to 89. Increasing option implied volatility suggests aggressive price risk.
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