Gap Inc. (NYSE: GPS) -- September volatility elevated into August 23 EPS and outlook. Gap, the San Francisco based parent company of 3,200 Gap, Old Navy & Banana Republic stores, is expected to report EPS of 19 cents, according to Thomson First Call. GPS September option implied volatility of 40 is above its 26-week average of 29 according to Track Data, suggesting larger price fluctuations.
Foot Locker Inc. (NYSE: FL) -- implied volatility elevated into EPS and outlook. FL, a footwear & apparel operator of 3,950 retail stores, closed at $15.28. FL has a market cap of $2.4 billion with $220 million in long-term debt. FL is expected to announce EPS after the close on August 22. FL over all option implied volatility of 58 is above its 26-week average of 32 according to Track Data, suggesting larger price risks.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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