Pre-earnings options volume in Array Technologies (ARRY) is 2.2x normal with calls leading puts 12:1. Implied volatility suggests the market is anticipating a move near 15.3%, or 97c, after results are released. Median move over the past eight quarters is 4.1%.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARRY:
- Guggenheim downgrades trio of clean energy names after election outcome
- Array Technologies downgraded to Neutral from Buy at Guggenheim
- SolarEdge cut to Underperform, Array to Neutral at BofA after Trump win
- Array Technologies downgraded to Neutral from Buy at BofA
- Treasury sticking to IRA 45X rule negative for Array, says Mizuho