Intuit (INTU) May volatility bid up to 53 as shares trend lower into Q3

May 15, 2012 3:08 PM EDT
Intuit (Nasdaq: INTU) is expected to release Q3 results on May 17. May call option implied volatility is at 53, June is at 32, July is at 29; compared to its 26-week average of 30 according to Track Data, suggesting larger near term price movement.


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