Lowe's (LOW) volatility at 31 as shares sell off on Q1 and guidance

Lowe's (NYSE: LOW) is recently down 7% in the premarket on the company sees FY12 EPS $1.73-$1.83, consensus $1.87. Goldman Sachs say’s “weather/calendar drive pop, but no flow-through to F12.” Overall option implied volatility of 31 is above its 26-week average of 28 according to Track Data.

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