$KKD is dropping post earnings tonight.
Put options will show some nice gains at the open tomorrow.
Krispy Kreme falls after results and guidance, first look
The company missed Q2 adjusted EPS estimates by 2 cents per share and cut its fiscal year 2014 outlook to a range of 59 cents to 63 cents versus consensus of 64 cents. Shares are down over 6% in the extended session to $21.79. At that price, next support is at $21.08, and then the 50-day moving average at $20.15. Resistance is at $22.04.
