Sun Microsystems (Nasdaq:JAVA) Looks Like A Good Call Option Bet

By George Zabel
October 26, 2009 10:24 AM

Symbols: JAVA

Posted in: Options, Markets, Analyst Ratings, Movers

Sun Microsystems (Nasdaq:JAVA) Looks Like Good Call Option Bet In The Near Term.

The underlying market trend is unquestionably up, regardless what should happen this week. Sun Microsystems stock (Nasdaq:JAVA) may soon meet Call buying criteria.
Implied volatility rose today to as high as 49 but as soon as it reverts back to its 30 day average of 33 it will make an excellent candidate for November Call buying.

(Nasdaq:JAVA)

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Sun Microsystems (Nasdaq:JAVA) Looks Like A Good Call Option Bet

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