Apollo Group (APOL) July put volatility elevated at 56 into Q3

June 22, 2012 10:59 AM EDT
Apollo Group (Nasdaq: APOL) July put option implied volatility is at 56, August and November is at 47; compared to its 26-week average of 38 according to Track Data, suggesting larger price movement into the expected release of Q3 results on June 25 and coverage resumed with a Neutral and a $36 price target.


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