Ann Taylor Stores (NYSE: ANN) implied volatility Increases to 50 into EPS. ANN is expected to report EPS on 8/24. BUCK says "we continue to project a recovery in the back half of the year." ANN September option implied volatility of 50 is above its 26-week average of 33 according to Track Data, indicating larger risk.

Abercrombie & Fitch (NYSE: ANF) volatility of 49 above 26-week average of 33 into EPS. ANF is recently up $2.18 to $74.92. ANF is expected to report EPS of .87 cents on August 22nd according to Thomson First Call. ANF has a market cap of $6.6 billion. Freidman Billings say's "Upgrading to Outperform; High-Quality name to weather Turbulent Times." ANF September option implied volatility of 49 is above its 26-week average of 33 according to Track Data, suggesting larger risk.

Volatility Index S&P 500 Options down .84 to 29.99.

Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Option update 8-17-07; Ann Taylor & Abercrombie volatility increase into EPS originally appeared on BloggingStocks on Fri, 17 Aug 2007 17:45:00 EST. Please see our terms for use of feeds.