Options Update: Macy's and Walmart Macy's Inc (M) M June Volatility At 53 Into EPS & Outlook M closed at $23.21. M is scheduled to report EPS on May 14. M May 22.5 straddle is priced at $1.70, June 25 straddle is at $3.50. M June option implied volatility of 52 is near its 6-month average of 53, suggesting non-directional price movement... Wal-Mart (WMT) WMT Volatility At 23 Into EPS WMT is scheduled to report Q1 on May 13. WMT June option implied volatility of 23 is below its 6-month average of 26, suggesting decreasing price movement. .. Options Update: Hewlett-Packard (HPQ) and Electronic Data Systems (EDS) Hewlett-Packard (HPQ) HPQ Calls Active; Shares Sell Off In Report Of EDS Talks HPQ is recently down $2.10 to $47.10. The WSJ reported HPQ is in advanced talks to acquire EDS for between $12 billion and $13 billion according to sources. HPQ call option volume of 59,863 contracts compares to put volume of 21,209 contracts. HPQ June option implied volatility of 35 is near its 26-week average of 33, suggesting slightly larger price risk... Electronic Data Systems (EDS) EDS Calls Active On Report Of HPQ Talks EDS is recently up $5.24 to $24.10. The WSJ reported HPW is in advanced talks to acquire EDS according to sources. EDS call option volume of 11,366 contracts compares to put volume of 3,597 contracts. EDS June 25 straddle is priced at $4.50. EDS options are in a fast market. This suggests large intra-day price movement.... full article here: Options Update: Hewlett-Packard (HPQ) and Electronic Data Systems (EDS)