Michael Kors (KORS) April volatility at 41, May at 49 into positive guidance

Michael Kors (Nasdaq: KORS) is recently up $1.38 to $46.70 in the premarket after raising its FY12 EPS outlook to 79c-81c from 74c-76c. Wedbush has an Outperform rating and a $48 price target on the company). April call option implied volatility is at 41, May is at 49; compared to its 12-week average of 43 according to Track Data.

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