Pre-earnings options volume in Alphabet (GOOG) is 1.7x normal with calls leading puts 9:5. Implied volatility suggests the market is anticipating a move near 6.0%, or $10.34, after results are released. Median move over the past eight quarters is 6.5%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOG:
- Alphabet Class A options imply 6.1% move in share price post-earnings
- Musk’s xAI in talks to raise funding valuing it at $40B, WSJ reports
- What Wall Street experts are saying about Reddit ahead of earnings
- Bonitas Research short Byrna Technologies, thinks stock going lower
- Options Volatility and Implied Earnings Moves Today, October 29, 2024