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Option Update: Telmex volatility flat into Q2 revenue decrease of 6.3%

Telmex (NYSE: TMX) said second quarter profit fell 13% after more customers switched to wireless service.

Goldman Sachs says: "Maintain Telmex Sell on 2Q08 sales drop + margin squeeze."

TMX August option implied volatility of 36 is near its 26-week average according to Track Data, suggesting non-directional price movement.

Microsoft (NASDAQ: MSFT) closed at $25.80 Tuesday.

MSFT is hosting an analyst day on July 24.

MSFT August option implied volatility of 28 is below its 26-week average of 30 according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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Symbol Lookup
IndexesChangePrice
DJIA-143.288,599.18
NASDAQ-45.421,571.59
S&P 500-19.38890.35

Last updated: January 09, 2009: 07:29 PM

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