Foot Locker (FL) volatility elevated; shares near 20-year high on Q2 profit up 59%

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Foot Locker (NYSE: FL) is recently up 5% in the premarket on Q2 Adj. EPS of 38c. Canaccord Genuity says "solid comp and EPS beat; reiterate Buy." Overall option implied volatility of 41 is above its 26-week average of 34 according to Track Data, suggesting larger price movement.

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Options, Canaccord Genuity

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