Pre-earnings options volume in Amgen is 2.5x normal with calls leading puts 8:7. Implied volatility suggests the market is anticipating a move near 4.1%, or $12.99, after results are released. Median move over the past eight quarters is 2.6%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on AMGN: