Options Update for Crucell NV (CRXL) and McAfee (MFE)
08/19/2009 12:01 am EST
Crucell NV (CRXL)
CRXL Volatility Low at 40
Crucell NV (CRXL) is recently down $.57 to $23.06 in pre-open trading. CRXL is a biopharmaceutical company. ING Group downgraded CRXL to sell from hold.
CRXL’s September option implied volatility of 40 is below its six-month average of 54, according to Track Data, suggesting decreasing price movement.
MFE Volatility Flat; Shares Near Ten-Year High
McAfee (MFE) closed at $41.29.
MFE’s September option implied volatility is at 38, while December is at 36. This is near its six-month average of 39, according to Track Data, suggesting non-directional price movement.
By the Staff at TheOptionsInsider.com