Lowe's (NYSE: LOW) implied volatility of 38 above 26-week average of 33 into EPS. LOW is expected to report EPS of .61 cents on 8/20, according to Thomson First Call. Deutsche Bank said on 8/16, "while we are slightly reducing our 2Q and FY EPS on a weak environment, we note that consensus already reflects conservative sales and EPS views." LOW September option implied volatility of 38 is above its 26-week average of 33 according to Track Data, suggesting larger price fluctuations.

Pep Boys (NYSE: PBY) September implied volatility Elevated at 61 into EPS. PBY, an operator of automotive retail and service chains, has a market cap of $784 million. PBY is expected to report EPS on 8/22. Morgan Joseph CO says, "update on potential sale/leaseback of property possible. During its last conference call, PBY confirmed a 2004 appraisal that valued its owned property as around $900 million and belief that today it is worth in excess of $1 billion." PBY September option implied volatility of 61 is above its 26-week average of 38 according to Track Data, suggesting larger price risk.

Daily options update is provided by stock specialist Paul Foster of theflyonthewall.com.

Option update: Lowe's & Pep Boy's volatility up into EPS originally appeared on BloggingStocks on Sat, 18 Aug 2007 12:40:00 EST. Please see our terms for use of feeds.