10
05
2008
Option Update: Wal-Mart volatility low; shares near four-year high into EPS
Posted by: admin in Stocks Money News
Filed under: Wal-Mart (WMT), Gap Inc (GPS)
Wal-Mart (NYSE:WMT) is scheduled to report Q1 on May 13. WMT June option implied volatility of 23 is below its 26-week average of 26 according to Track Data, suggesting decreasing price risk.
Gap (NYSE:GPS) is scheduled to report Q1 EPS on May 22. Buckingham Research says “We continue to rate the shares of GPS as Neutral due to valuation and lack of progress on a turnaround.” GPS June option implied volatility of 41 is near its 26-week average, suggesting non-directional price risk.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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