Melco Crown (MPEL) volatility at low end of historic range

April 11, 2012 7:46 AM EDT
Melco Crown (Nasdaq: MPEL) is recently up 38c to $13.41 following an upgrade to Buy from Neutral at Goldman Sachs. Overall option implied volatility of 52 is below its 26-week average of 65 according to Track Data, suggesting decreasing price movement.


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