Call-Options Buyers Take a Shot at Beaten-Up Yahoo!

A little recovery in Yahoo!'s (YHOO Quote) stock ahead of the Internet portal giant's earnings release slated for Wednesday was bringing out some call buyers taking a shot at a rally in the beaten-up stock.

Volatility Index
Today	% Change
31.52	-5.49
Source: ILX

Yahoo! is slated to post earnings after the close Wednesday. The 28-analyst First Call/Thomson Financial consensus estimate calls for Yahoo! to report earnings of 13 cents a share for the fourth quarter. In a 13-analyst consensus estimate of revenue, the Street is expecting Yahoo! to post revenue of $315.1 million. Stock of Yahoo! was up 50 cents to $27.69.

Put/Call Ratio
Today (12:30 p.m.)	Previous Close
0.66	0.55
Source: ILX

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