wwwPosted Jun 25th 2008 10:18AM by Paul Foster
Filed under: Options
Pier 1 Imports (NYSE: PIR) withdrew its proposal to acquire Cost Plus (NASDAQ: CPWM).
Deutsche Bank has a Buy rating with a $7.25 price target on PIR.
PIR overall option implied volatility of 93 is above its 26-week average of 84 according to Track Data, suggesting larger price movement.
Volatility Index NASDAQ 100-VXN at 28.13; 10-day moving average is 26.27.
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