Sonic (SONC) volatility flat into reporting preliminary Q4 system-wide SSS down roughly 2%

Sonic Corp (NASDAQ: SONC) is recently down $1.86 to $25.58 in the premarket after reporting preliminary Q4 adjusted EPS 43c-45c, compared to consensus 48c. Option implied volatility index mean is at 42, compared to its 52-week range of 28 to 55, according to Livevol.

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