Watch list for Friday: FPAM,ABTX,NTLI,JPMX,NMGC,BKE,MAM,SELAY
I don't expect the market to be good tomorrow, but just in case the companies above are quite interesting. BKE reported 34% increase in store sales. With earnings not yet out this could have even more upside left.
CHICAGO, March 5 (Reuters) - At-the-money implied volatility on FPA Medical Management (FPAM.O) March calls shot above 100 percent in active trading on Thursday ahead of the company's fourth quarter results due on Friday.
Volatility had been creeping higher in recent weeks from its 52-week average of around 58 percent, options analysts said. In late trading, March at-the-money calls were bid at 107 percent on the Chicago Board Options Exchange. Puts were bid at 91 percent.
Options volume was well above average, with most activity on the call si
"It looks as though everyone is playing this one on the upside," said one of the options activity.
The underlying stock was up 1/4 to 24-3/8 on above-average volume of 3.5 million in late trading. FPA, which manages physician practices and emergency rooms, was due to publish its fourth quarter results at 0800 CST/1400 GMT on Friday and hold a conference call with analysts.
In early January, the company said it was comfortable with analysts' earnings estimates between $0.24 and $0.31 per share. |
