Harris (HRS) calls active as shares rally 10% on solid EPS and improved outlook
Harris (NYSE: HRS) is recently up $3.64 to $41.58. HRS, a communications and information technology company, raised its fiscal 2010 targets. EPS HRS call option volume of 11,033 contracts compares to put volume of 1,872 contracts. HRS November call option implied volatility is at 30, puts are at 33, January calls are at 31, puts at 36; below its 26-week average of 37, according to Track Data, suggesting decreasing price movement. Paul Foster
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