Aeropostale (ARO) volatility elevated on sharp price movement on sales outlook

Aeropostale (NYSE: ARO) is recently down 96c to $12.70 in the premarket on the company seeing Q3 EPS 25c-30c, consensus 38c. Oppenheimer says "Guidance conservatively assumes a worsening of current trends." Overall option implied volatility of 59 is above its 26-week average of 45 according to Track Data.

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