Novellus Systems (NVLS) is recently down 11% following light Q2 revenue compared to street expectations and weak Q3 guidance. NVLS September and December put option implied volatility of 41 is above its 26-week average of 36.
Volatility as an asset class.
InterDigital (IDCC) and VirnetX (VHC) share price and implied volatility have recently had wider movement based on the higher than expected price paid for the patents recently sold by Nortel (NRTLQ).
InterDigital August call option implied volatility is at 68, September is at 64; above its 26-week average of 52.
VirnetX (VHC) August call option implied volatility is at 87, September is at 71; compared to its 26-week average of 83.