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OpenTable (OPEN) volatility elevated on wide-price movement

August 10, 2011 3:13 PM EDT
OpenTable (Nasdaq: OPEN) is recently up 9.1% to $65.87 following Citigroup raising its rating to Buy from Hold. September and October put option implied volatility of 68 is above its six-month average of 54 according to Track Data, suggesting larger price movement.


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