OpenTable (OPEN) Volatility Elevated with Shares Pressured; Bumps Up Against 50-Day SMA

May 24, 2012 3:23 PM EDT
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OpenTable (Nasdaq: OPEN) volatility is elevated Thursday as shares continue to trade lower on the session.

Market data has implied volatility up 14.5 percent on the session at last check as OpenTable remains about 7 percent lower.

Shares have swung in the range of $37.16 to $40.24 today, but the stock has pretty much trended lower from the open.

The stock also appears to be seeing some resistance at the 50-day SMA, currently at $40 flat.

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