EnCana (ECA) implied volatility Elevated into East Texas drilling field meeting
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EnCana (NYSE: ECA) : ECA, a leading North American natural gas producer, closed at $59.15. ECA will be holding a company sponsored analyst meeting on 5/17 in east Texas-Jonah drilling Field. SBSH say's "analyst meeting should provide a positive catalyst." ECA June option implied volatility of 32 is above its 6-month average of 28 according to Track Data, suggesting larger price fluctuations. Paul Foster
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