Chico's FAS (CHS) volatility flat into upgrade

Chico's FAS (NYSE: CHS) was upgraded to Overweight from Neutral at JP Morgan. Overall option implied volatility of 43 is near its six-month average according to Track Data, suggesting non-directional price movement.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Uniti Group (UNIT) 3700 contracts of July 13 calls trade, share up 7%
• SPDR Gold Trust (GLD) call put ratio 1.4 calls to 1 puts as gold near 6-month low
• Boeing (BA) call put ratio 1.9 calls to 1 put as share price up 4.9%