Market Minute: Unique information ‘flows’ on active options, volatility spikes, and put/call chatter.
|
|
|
|
|
 |
|
|
|
|
 |
 |
 |
 |
 |
posted by:Paul Foster on May 30, 2006, 2:34 pm
|  |
|
Kinder Morgan KMI (news,
chart,
quote) - KMI options not pricing in a hostile bid of more than $105 Surfacing
KMI is up .15.89 to $100.30. KMI, a North American pipeline operator, received a $100 proposal from KMI's top management & investors to take the North American oil and gas pipeline private in a $13.5 billion deal. KMI at the money option implied volatility has collapsed to 13 from last week's level of 18. Collapsing option implied volatility suggests reduced price fluctuations & the expectations KMI will be purchased for approximately $100. The options are not pricing in a hostile bid of more than $105 surfacing.
|
|
|
 |
 |
|
 |
 |
 |
 |
 |
|
 |
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.
|
|
|
© 2009 Red Option
Red Option is an affiliate of thinkorswim Advisors, Inc.
877-733-6786
This website is owned and
operated by thinkorswim Advisors, Inc., an investment advisor registered with the Securities
and Exchange Commission.
|