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Non-Tech : Retail and Consumer Stocks

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From: jimmg	2/12/2007 9:41:35 AM
	of 54

Whole Foods reports earnings tomorrow. My earnings model shows them missing estimates on revenue and earnings. I have revenue at $1.85 billion and eps 39 cents. The February straddle looks very cheap for this stock. I put on a straddle weighted 1.5 to 1 on the put side. This is typically a very volatile stock around earnings time. I have no idea why the options are so cheap.

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