Career Education (CECO) December derivative prices Expensive into Decision

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Career Education (Nasdaq: CECO) : CECO is recently down .36 to $25.49. MLCO says "CECO's AIU probation decision expected next week." CECO call option volume of 2,381 contracts compares to put volume of 1,396 contracts. CECO December option implied volatility is at 88, January is at 58; above its 6-month average of 45 according to Track Data, suggesting larger price risks. Paul Foster

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