Lowe's options active into Q3 results and margin trend outlook Lowe's December 29 and 31 puts are active on total put volume of 16K contract (8K calls). December put option implied volatility is at 33, January and April is at 33; compared to its 26-week average of 27 according to Track Data. Active option volume suggests traders taking positions for larger price movement into the expected release of Q3 results on November 19.
Lowe's announces new $5B share repurchase program Reflecting its commitment to return excess cash to shareholders, the Board of Directors for Lowe's Companies has authorized a new repurchase program of $5B of the company's common stock. This new repurchase program has no expiration date and adds to the previous program's balance, which was $2.4B as of January 30.