Perfect World (PWRD) volatility near average on wide movement into Q2

Perfect World (Nasdaq: PWRD) September call option implied volatility is at 61, October and December is at 54; compared to its 26-week average of 63 according to Track Data, suggesting non-directional near term price movement into the expected release of Q2 results on August 27. Citi Research has a $20.41 price target on the company and says "Weaker Q3 outlook may lead to short-term weakness."

---

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

---

You May Also Be Interested In

• Boeing (BA) call put ratio 2.4 calls to 1 put with a focus on August calls into quarter results
• Boeing (BA) call put ratio 1.3 calls to 1 put into quarter results
• CoreWeave (CRWV) call put ratio 1.3 calls to 1 put as share price down 10.8%