Pre-earnings options volume in Atlassian (TEAM) is 1.3x normal with calls leading puts 7:5. Implied volatility suggests the market is anticipating a move near 10.6%, or $17.26, after results are released. Median move over the past eight quarters is 12.1%.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TEAM: