McAfee MFE (news,
chart,
quote) - MFE May option implied volatility at 46 in advance of $272 million in Revenues
MFE reported 1st quarter EPS ex-items .37 cents verses consensus estimates of .30 cents. BEST say's "the consumer security business will be rapidly commoditized as a result of much lower price points in the "free" ISP channel." MFE May option implied volatility of 46 was above its 26-week average of 40. Above average option implied volatility and put volume suggests larger price fluctuations.
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