Pre-Paid Legal Services PPD (news,
chart,
quote) - PPD volatility Elevated; puts more expensive than calls
PPD offers legal service plans through a network of 50 independent law firms. PPD closed at $55.23. PPD September call implied volatility is at 49; puts are at 67, above its 6-month average of 38 according to Track Data suggesting larger risks. PPD puts are more expensive than calls because PPD is difficult to borrow.
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