| Palm is recently is recently down 37c to $10. Palm is the frequent subject of takeover speculation and has a large short interest. Call option volume of 6,301 contracts compares to put volume of 820 contracts. February call option implied volatility is at 75, puts at 81, May calls are at 81, puts are at 94; verses its 26-week average of 71 according to Track Data, suggesting larger price movement. Puts are more expensive than calls because PALM is difficult to borrow. :theflyonthewall.com |
