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Range Resources (RRC) volatility elevated into Q3 results

October 21, 2011 9:13 AM EDT
Range Resources (NYSE: RRC) is expected to release Q3 results on October 26. Capital One Southcoast increased its price target to $82, but downgraded the company to Neutral on valuation. Overall option implied volatility of 60 is above its six-month average of 44 according to Track Data, suggests larger price movement.


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Capital One Southcoast, Options