Barnes & Noble (BKS) volatility elevated into lower than expected store sales

September 8, 2016 9:10 AM EDT

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Barnes & Noble (NYSE: BKS) is recently down 75c to $11.60 in the premarket on comparable store sales declined 6% for the quarter due to lower traffic and the challenging retail environment. September call option implied volatility is at 93, October is at 50; compared to its 52-week range of 34 to 85.



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