Filed under: Deals, Sprint Nextel Corp (S), Options

Deutsche Telekom (NYSE: DT) is analyzing a possible bid for Sprint Nextel (NYSE: S), reported Germany’s Der Spiegel.

S shut at $7.89 Friday. S is scheduled to report Q1 EPS on May 12.

S option volume was heavy on May 2, with 42,682 contracts trading. S May option implied volatility went out at 84 on May 2, June at 61. S average option implied volatility over the last 26-weeks is 62 according to Track Data, suggesting bigger price movement.

Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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This entry was posted on Monday, May 5th, 2008 at 3:27 pm and is filed under Latest News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.