VeriFone Holdings (PAY) put volume & volatility Elevated as shares near 30-month low

March 6, 2008 12:12 PM EST Send to a Friend
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VeriFone Holdings (NYSE: PAY) : PAY is recently down $2.30 to $17.37. PAY's technology enables electronic payment transactions and value-added services at the point of sale. PAY call option volume of 1,009 contracts compares to put volume of 2,282 contracts. PAY April option implied volatility of 66 is above its 6-month average of 56 according to Track Data, suggesting hedging for downside price risk. Paul Foster

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