Akamai AKAM (news,
chart,
quote) - AKAM volatility at low end of range
AKAM is recently down 14c to at $34.30. AKAM is expected to report Q2 EPS in late July. Thomas Weisel has an Overweight rating on AKAM. has a $50 price target on AKAM. AKAM July option implied volatility is at 41, August is at 45; below its 6-month average of 52 according to Track Data, suggesting decreasing price fluctuations.
DISCLAIMER: RED Option, in an attempt to provide the best resources from some of the industry's most capable people, has introduced our Market Minute commentary. RED Option does not endorse this commentary or information as trade recommendations nor does it have any input whatsoever into the decision making. Any content for the Market Minute is the sole opinion of the author.