XM Satellite XMSR (news,
chart,
quote) - XMSR implied volatility at 43 prior to 1stQ revenue increase of 100%
XMSR reported 1st quarter EPS of loss (.60) verses consensus estimates of (.54) cents. XMSR May option implied volatility of 43 was near its 26-week average. Average option implied volatility suggests non-directional 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.
