XL Group (XL) volatility low as shares trends higher into Goldman's upgrade

March 29, 2011 8:48 AM EDT
XL Group (NYSE: XL), a provider of global reinsurance coverage, was upgraded to Buy from Neutral at Goldman Sachs. Overall option implied volatility of 28 is below its 26-week average of 33 according to Track Data, suggesting decreasing price movement.


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