Yelp May weekly call volatility elevated at 177 into Q1 Yelp May weekly call option implied volatility is at 177, June is at 76, August is at 74; compared to its 26-week average of 62 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on April 30.
Yelp pullback a buying opportunity, says Wunderlich Wunderlich recommends using the pullback in shares of Yelp as a buying opportunity. The firm says its checks with Yelp advertisers has reinforced the value of the ads. It thinks acquisition rumors could resurface with Yelp now trading at a "more affordable price." Wunderlich reiterates a Buy rating on the stock with a $105 price target.