Shutterfly (SFLY) volatility elevated; shares lower on outlook
Get Alerts SFLY Hot Sheet
Join SI Premium – FREE
Shutterfly (Nasdaq: SFLY) is recently down $2.53 to $22.59 in the premarket following the company seeing FY12 EPS 25c-28c vs. consensus 52c. Overall option implied volatility of 79 is above its 26-week average of 65 according to Track Data. Craig-Hallum say’s “Weak guidance assumes competitive discounts continue all year. Maintaining Buy and $32 price target.”
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- American Express (AXP) call put ratio 1 call to 1.5 puts into quarter results
- Netflix (NFLX) April option implied volatility increases into quarter results
- Schlumberger (SLB) option IV elevated into quarter results and outlook
Create E-mail Alert Related Categories
OptionsRelated Entities
OptionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!