Rent-A-Center (RCII) volume and volatility increase as shares at record low on outlook

October 11, 2016 11:29 AM EDT

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Rent-A-Center (NASDAQ: RCII) October 7.5 calls and puts are active as shares are down 29% after pre-releasing worse than expected Q3 results. October call option implied volatility is at 85. November is at 73; compared to its 52-week range of 35 to 96.

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