Pep Boys PBY (news,
chart,
quote) - PBY option implied volatility at low end of Range into Annual meeting
PBY is up .44 to $15.16. Barrington Capital announced on 3/28 the intention to nominate a slate of directors for election to the company's board of directors. PBY April option implied volatility of 35 is at the low end of its 26-week range. PBY intra-day call option volume of 1,646 contracts compares to intra-day put volume of 440 contracts. Below average option implied volatility suggests decreasing price risk.
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