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Amgen (AMGN) volatility August volatility at 47, October at 38

July 6, 2009 8:36 AM EDT
Amgen (Nasdaq: AMGN) : Amgen closed at $51.47. AMGN is scheduled to report Q2 EPS on July 27. AMGN's denosumab for treatment/prevention of postmenopausal osteoporosis and for bone loss in prostrate or breast cancer patients on hormone ablation therapy has a FDA action date of October 19. AMGN July option implied volatility is at 35, August is at 47, October is at 39; verses its six-month average of 42 according to Track Data. Paul Foster

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