Lowe's (LOW) November volatility increases into Q3 results

Lowe's (NYSE: LOW) is expected to release Q3 results on November 14. Citigroup Global Markets reiterated their Neutral rating and $23 price target on the company. November put option implied volatility is at 45, December is at 36; above its 26-week average of 34 according to Track Data, suggesting larger near term price movement.

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