Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next
Author: charmatica One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 102  
Subject: USEC calls advance Date: 12/9/2007 8:36 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
http://www.bloomberg.com/apps/news?pid=20601084&sid=aInT95AgLzSo&refer=stocks

"Implied volatility for USEC Inc., the uranium provider that has fallen by almost two-thirds since May, rose to 83.40 percent, the highest in almost two weeks. An increase indicates traders anticipate bigger swings in the stock price.

Shares of USEC, the lone U.S. producer of enriched uranium to fuel nuclear power plants, gained 7.6 percent to $8.97 for the biggest advance in a month.

The second-most active options, January $10 calls, more than doubled to 60 cents. For those wagers to pay off, the stock must add 20 percent from yesterday's closing price before the options expire on Jen. 19.

The number of total USEC calls in existence increased to 119,834 yesterday, while puts declined to 43,563.

``The fact that open interest in call options on the company outpaces put open interest by a factor of 2.75 tells us that investors are banking on a rebound,'' Andrew Wilkinson, senior market analyst Interactive Brokers Group, wrote in a note to clients. The Greenwich, Connecticut-based market maker handles about a fifth of all options traded in the U.S. "
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev | Next

Announcements

Invest Better Hub
Take advantage of our newest free service, Invest Better!
New Fool-Branded Credit Card Available!
How does your card compare to ours?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Facebook Fool Fan Club
Be a fan of the Fool over on Facebook!
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Get the Fool Phone App
Save and share content, zero in on sectors, podcasts, and much more!
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement