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










