Cree (CREE) volatility stays elevated after guiding its September quarter lighting sales to down

August 17, 2016 12:26 PM EDT

Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.

Cree (NASDAQ: CREE) is recently down 15% on active August 23.5 calls and September 24 puts after the company guided its September quarter lighting sales to down 5%-10% quarter-over-quarter. August call option implied volatility is at 34, August is at 51, September is at 43; compared to its 52-week range of 29 to 59.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Options, Trader Talk

Related Entities

Options

Add Your Comment