Melco Crown (MPEL) Volatility Up; Flirts with Key Activity Level
Tweet Send to a Friend.jpg)
Get Alerts MPEL Hot Sheet
Trade MPEL Now!
Melco Crown Entertainment (Nasdaq: MPEL) shares are active Monday as the stock is outpacing peers to the downside.
Market data has implied volatility up 14 percent from Friday's close and 138 percent above its annual historical average.
Melco Crown last reported earnings on May 9th, with EPS and turnover topping views.
Of note, $14.15 had been a little bit of a resistance level for Melco over the last month and shares gapped below that mark this morning. The level was also notable last summer at the end of July/beginning of August.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Market data has implied volatility up 14 percent from Friday's close and 138 percent above its annual historical average.
Melco Crown last reported earnings on May 9th, with EPS and turnover topping views.
Of note, $14.15 had been a little bit of a resistance level for Melco over the last month and shares gapped below that mark this morning. The level was also notable last summer at the end of July/beginning of August.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- J.P. Morgan (JPM) CEO Dimon Might Have Enough Votes to Stay Chairman - NY Times
- Investors Brace for Epic Herbalife (HLF) Short Squeeze
- UPDATE: Intuit, Inc. (INTU) Tops Q3 EPS by 4c, Offers Guidance
Create E-mail Alert Related Categories
Insiders' Blog, OptionsRelated Entities
Options, Earnings
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
