Market Minute: Unique information ‘flows’ on active options, volatility spikes, and put/call chatter.
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posted by:Paul Foster on May 31, 2006, 3:13 pm
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Rambus RMBS (news,
chart,
quote) - RMBS June option implied volatility at 88 into Events as RMBS trades lower
RMBS is down 1.40 to $24.44. RMBS board of directors audit committee launched an internal investigation into the timing of past options grants to executives. RMBS is hosting an analyst meeting on June 2nd. Traders are expecting court documents relating to an antitrust price fixing case to be released in the near term. RMBS June option implied volatility of 88 is above its 6-month average of 81 according to Track Data. Above average option implied volatility suggests larger price fluctuations.
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