Medco Health Solutions (MHS) shares have rallied 20% in pre-open trading and Express Scripts (ESRX) are up 4% following an agreement to merge, Medco shareholders will receive $28.80 in cash and 0.81 shares for each Medco share. Medco overall option implied volatility of 28 is near its 26-week average.
Express Scripts (ESRX) overall option implied volatility of 26 is near its 26-week average.
Intel (INTC) is down 1.8% in pre-open trading following Q2 EPS Of 59c compared to consensus of 51c. Overall option implied volatility of 29 is near its 26-week average.
Nokia (NOK) is up 5% in pre-open trading on a Q2 loss and a 7% decrease in sales. NOK overall option implied volatility of 52 is above its 26-week average of 42.
CBOE significant put volume increases
F August13 20K contracts
INTC July 23 6K
NOK August 5 5K
AAPL July 375 5K
BBD August 17 5K
C December 37 5K
HPQ August 35 4K
WFC January 2013 25 4K
CLX August 70 4K