Pepco Holdings Inc (NYSE:POM) Implied Volatility Spike.
By George Zabel
October 27, 2009 11:41 AM
October 27, 2009 11:41 AM
Symbols: POM
Pepco Holdings Inc (NYSE: POM) Implied Volatility Spike.
Pepco Holdings Inc (POM) stock options have the greatest implied volatility increase in todays session, average options open interest is 16,170. POM trades at $14.52 today and seems to be at crossroads.
Technically speaking POM has been trading well within a parallel channel for days and is sitting right on the lower boundary today.
As of today POM favours a volatility breakout scenario regardless of direction, and therefore a volatility-gain options strategy approach, in line with the broader market’s volatility index which is in bottoming out phase.
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