Xerox (XRX) volatility flat at 32 into analyst day

Xerox (NYSE: XRX) is hosting an analyst day on May 10th. Brean Murray Carret say's "for a shorter-term "opportunistic" investors, we believe the stock has "oversold" relative to Mar Q results / Jun Q guidance". Overall option implied volatility of 32 is near its six-month average of 33 according to Track Data, suggesting non-directional movement.

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