AU Optronics (AUO) Volatility Elevated as Shares Remain Pressured
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AU Optronics (NYSE: AUO) is seeing elevated volatility Monday afternoon as shares continue trading lower. Market data has AUO implied volatility up 21 percent from Friday's close. Shares are off about 4.6 percent on the session.
Implied volatility is roughly 39 percent about the annual historical average.
AU Optronics has recently been rumored to be supplying 7.85-inch panels for a smaller Apple iPad, though nothing has been confirmed as of yet. Apple is expected to report EPS after the market closes Tuesday.
Implied volatility is roughly 39 percent about the annual historical average.
AU Optronics has recently been rumored to be supplying 7.85-inch panels for a smaller Apple iPad, though nothing has been confirmed as of yet. Apple is expected to report EPS after the market closes Tuesday.
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