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Penn National Gaming (PENN) option implied volatility suggests non-directional Risks
12/29/2006 08:28EST by StreetInsider.com
Penn National Gaming (NASDAQ: PENN) : PENN is a diversified, multi-jurisdictional owner and operator of gaming properties has a market cap of $3.5 billion with long term debt of $2.7 billion. PENN over all option implied volatility of 34 is near its 6-month average, suggesting non-directional price risk. Paul Foster