Quieter Times Ahead at P&G
So, option activity in Procter & Gamble (PG) has been extremely high for days now, first ahead of earnings, and now in advance of their merger with Folgers. The stock is 16% off its recent lows, and has been unusually volatile over the past two months along with the rest of the universe. The interesting thing here, though, is that with all this unusually high option activity, you might expect implied volatility to be hitting new highs as well. …
Thursday, November 6, 2008
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