Gap Stores (GPS) volatility elevated into July same store sales falling short of estimates

August 9, 2016 6:35 AM EDT

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Gap, Inc. (NYSE: GPS) is recently down $1.31 to $24.31 in the premarket on July same store sales falling short of estimates. August weekly call option implied volatility is at 61, August is at 54, September is at 41; compared to its 52-week range of 26 to 53.

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