Blackstone Group (BX) volatility low as shares rally after EPS
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Blackstone Group (NYSE: BX) is recently up 64c to $15.48. Keefe, Bruyette & Woods raised its rating to Outperform after BX reported better than expected performance fees and EPS. BX November 15 calls have traded 143 times on transaction volume of 5,565 contracts, below its open interest of 7,068 contracts. BX November option implied volatility is at 53, December is at 58; verses its six-week average of 63, according to Track Data. Paul Foster
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