Scotts Miracle-Gro (SMG) volatility elevated into Q3 miss

Scotts Miracle-Gro (NYSE: SMG) is recently down $3.40 to $37.99 in the premarket after reporting Q3 adjusted EPS $1.60, consensus $1.90. Buckingham Research Group say’s “Apparent secular slowdown in lawn.” Overall option implied volatility of 64 is above its 26-week average of 32 according to Track Data, suggesting larger price movement.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Deere & Co. (DE) call put ratio 1.1 calls to 1 put into quarter results
• Target (TGT) call put ratio 1 call to 1.2 puts into quarter results
• Analog Devices (ADI) call put ratio 1.2 calls to 1 put into quarter results