Pre-earnings options volume in Asana is 4.5x normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 13.7%, or $3.14, after results are released. Median move over the past eight quarters is 16.1%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on ASAN:
- Options Volatility and Implied Earnings Moves Today, December 05, 2023
- Options Volatility and Implied Earnings Moves This Week, December 04 – December 08, 2023
- ASAN Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Asana call volume above normal and directionally bullish
- Asana put volume heavy and directionally bearish