Tessera (TSRA) volatility at 18-month lows
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Tessera (Nasdaq: TSRA) : Tessera closed at $25.04. TSRA, a provider of miniaturization technologies for the electronics industry, is expected to report Q2 EPS in late July. TSRA July option implied volatility is at 56, September is at 63; below its 26-week average of 88, according to Track Data, suggesting deceasing price risk. Paul Foster
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