Riverbed (RVBD) volatility flat shares trend lower into results

Riverbed (Nasdaq: RVBD) is expected to release Q1 results on April 25. RBC Capital Markets say's "With good backlog going in and with checks showing solid wins, Riverbed may show flattish trends in what should be sequentially down seasonal quarter." Overall option implied volatility of 55 is near its six-month average according to Track Data, suggesting non-directional price movement.

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