El Paso (EP) volatility flat as natural gas trends higher
Down)
El Paso (NYSE: EP) : El Paso is recently down 9c to $9.18. EP is expected to report Q2 EPS in early August. Natural Gas futures are up .88% to $4.129 according to Bloomberg. EP June option implied volatility is at 59, October is at 64, December is at 63; near its six month average of 62, according to Track Data, suggesting non-directional price movement. Paul Foster
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