Akamai Technologies AKAM (news,
chart,
quote) - AKAM option implied volatility of 42 is near its average
AKAM is up .73 to $31.50 in pre-opening trading. PRUS say's "despite continued strong business trends we believe the stock has gotten ahead of itself." AKAM option implied volatility of 42 is near its 26-week average according to Track Data. Average option implied volatility indicates average standard deviation stock price movements.
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.