Telecom Argentina (TEO) volatility increases on wide share price movement

April 18, 2012 1:24 PM EDT Send to a Friend
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Telecom Argentina (NYSE: TEO) was downgraded to Underperform from Buy at BofA/Merrill . May put option implied volatility is at 56, July at 47; above its 26-week average of 38 according to Track Data, suggesting larger price movement.


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