Infosys (INFY) volatility elevated into disappointing outlook
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Infosys (Nasdaq: INFY) is recently down 13% in the premarket on the company seeing FY13 EPS $3.12-$3.17, consensus $3.25. Overall option implied volatility of 42 is above its 26-week average of 38 according to Track Data, suggesting larger price movement.
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