Options Update: China Sunergy (CSUN) & Adolor (ADLR)
China Sunergy (CSUN)
CSUN June Volatility At 112 Into EPS & Outlook
CSUN, a manufacturer of solar cell products in China, is recently up $1.37 to $15.70 in pre-open trading.
CSUN is scheduled to report Q1 EPS on May 20.
CSUN June option implied volatility of 112 is above its 6-month average of 100, suggesting larger price risk.
Adolor (ADLR)
ADLR Options Suggests Risk Into PDUFA For Entereg
ADLR is recently up $.28 to $5.53.
PDUFA date for ADLR's Entereg (bowel dysfunction treatment) in post-operative ileus is expected shortly.
ADLR June 5 straddle is priced at $1.10, July 5 straddle is at $1.80, suggesting large price risk.
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About Paul Foster
Paul Foster is a former member of the Chicago Board Options Exchange with 21-years of professional experience in the capital markets, investments, trading, corporate finance, arbitrage, options and mergers & acquisitions. His writing about the options market has appeared in a wide variety of publications.
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