AT&T (T) is recently up 40c to $29.15 following the termination of its definitive merger agreement with Deutsche Telekom (DTEGY) to acquire T-Mobile USA. AT&T call option implied volatility is at 14, February is 15; below its 26-week average of 20.
General Mills (GIS) is recently down 54c to $39.03 on Q2 costs growing faster than its sales growth. January put option implied volatility is at 14, April is at 19; compared to its 26-week average of 19.
ConAgra ‘s (CAG) is recently up 97c to $26.14 on Q2 revenue increasing 8.1% to $3.4B. January call option implied volatility is at 13, March is at 15; below its 26-week average of 22.
U.S. equity’s are near their highs of the day on positive housing starts data and an optimistic sentiment reading in Germany.
Volatility as an asset class
CBOE Volatility Index (VIX) is recently down 1.83 to 23.09; its lowest level since August 3.