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News Breaks
October 29, 2009
11:53 EDTPLL
theflyonthewall.com: Pall calls active on elevated volatility
Pall is recently up $1.51 to $33.75. Credit Suisse say's "We believe a possible deal could be in the works given Pall did not renew its poison pill in the latest proxy filling." PLL November 35 calls have traded 232 times on transaction volume of 8,361 contracts, above its open interest of 819 contracts. PLL November option implied volatility is at 47, December is at 45; above its 26-week average of 36 according to Track Data, suggesting larger price movement. :theflyonthewall.com



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