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Crocs (CROX) volatility at eight month lows as shares trend higher

June 10, 2009 1:50 PM EDT
CROX Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: +29.2%
Crocs (Nasdaq: CROX) : Crocs-CROX is recently up 28c to $3.54. CROX presented at the Piper Jaffray 29th Annual Consumer Conference today. CROX call option volume of 10,759 contracts compares to put volume of 851 contracts. CROX June 3 straddle is priced at 60c, July 3 straddle is priced at $1.00. CROX over all option implied volatility of 113 is below its 26-week average of 132, according to Track Data, suggesting decreasing price movement. Paul Foster

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