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Yahoo YHOO (news,
chart,
quote) - YHOO Dec volatility Elevated at 101 on MSFT hopes
YHOO is recently up 73c to $14.65 in pre-open trading. YHOO Chief Executive Jerry Yang said Wednesday at the Web 2.0 conference "To this day, I'd say the best thing for MSFT to do is buy YHOO" Dow Jones. YHOO November option implied volatility is at 99, December is at 101; above its 6-month average of 61 according to Track Data, suggesting larger price movement.
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