Ophir Gottlieb | Sep 24, 2013 03:56AM ET
Finisar Corporation, (FNSR), develops and provides fiber optic subsystems and network performance test systems which enable data communications over local area networks, or LANs, and storage area networks, or SANs.
I found this stock using a real-time custom scan. This one hunts for depressed vols. I note that FNSR is in the “0th” percentile, meaning it’s at an annual low in IV30™. Further, the volatility level is in fact a multi-year low as the stock price is right at multi-year highs.
The two-year FNSR Charts Tab is included (below). The top portion is the stock price the bottom is the vol (IV30™ - red vs HV20™ - blue vs HV180™ - pink).
But, of course, this is a volatility note as well, so let’s turn to the two-year IV30™chart in isolation, below.
Finally, let's look to the Options Tab (below).
Disclosure: This is trade analysis, not a recommendation.
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