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Cree (CREE) volatility near one year lows

June 29, 2009 9:04 AM EDT
CREE Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

EPS Growth %: -25.9%
Cree (Nasdaq: CREE) : Cree is closed at $29.92. CREE July call option implied volatility is at 43, puts are at 47, August volatility is at 48, puts are at 52; below its 26-week average of 58, according to Track Data, suggesting decreasing price fluctuations. CREE puts are priced higher than calls because CREE is difficult to borrow. Paul Foster

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