Melco Crown (MPEL) Volatility Up; Flirts with Key Activity Level
Tweet
Share
E-mail.jpg)
Get Alerts MPEL Hot Sheet
Join SI Premium – FREE
Melco Crown Entertainment (Nasdaq: MPEL) shares are active Monday as the stock is outpacing peers to the downside.
Market data has implied volatility up 14 percent from Friday's close and 138 percent above its annual historical average.
Melco Crown last reported earnings on May 9th, with EPS and turnover topping views.
Of note, $14.15 had been a little bit of a resistance level for Melco over the last month and shares gapped below that mark this morning. The level was also notable last summer at the end of July/beginning of August.
Market data has implied volatility up 14 percent from Friday's close and 138 percent above its annual historical average.
Melco Crown last reported earnings on May 9th, with EPS and turnover topping views.
Of note, $14.15 had been a little bit of a resistance level for Melco over the last month and shares gapped below that mark this morning. The level was also notable last summer at the end of July/beginning of August.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Toast (TOST) call put ratio 2.4 calls to 1 put into quarter results
- OrthoPediatrics (KIDS) Reports In-Line Q2 EPS
- Fortitude Gold Corporation (FTCO) Reports Q2 EPS of $0.02
Create E-mail Alert Related Categories
Insiders' Blog, OptionsRelated Entities
Options, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
