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Option Update: Juniper volatility slightly elevated into CEO appointment & EPS

Juniper (NASDAQ: JNPR) is recently up 15 cents to $23.04 in pre-open trading.

JNPR named Microsoft (NASDAQ: MSFT) veteran Kevin Johnson CEO. JNPR is scheduled to report Q1 EPS after the market close tonight. RBC Capital Markets has a $30 price target on JNPR.

JNPR August option implied volatility of 51 is above its 26-week average of 47 according to Track Data, suggesting slightly larger 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: 07:50 PM

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