Options Traders Blast Lowe's Stock After Earnings

Lowe's Companies Inc (NYSE:LOW) reported third-quarter adjusted earnings per share of $2.89 on revenue of$20.17 billion, both of which beat Wall Street's estimates And while the home improvement retailer also raised its outlook, it said it expects full-year sales to decline year over year, leading LOW 4.7% lower to trade at $259.02 at last glance.Over in the options pits, intraday volume is running at 4 times the amount that's typically seen at this point in the day. New positions are being sold to open at ...