DeVry (DV) volatility comes in as share pullback on results and outlook

DeVry (NYSE: DV) is recently down 2.7% on Q4 results and enrollment outlook. Piper Jaffray says "F2013 will be another challenging year, too soon to own shares." September call option implied volatility is at 45, November is at 47; above its 26-week average of 38 into the expected release of Q4 results on August 9.

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