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Atlassian options imply 9.7% move in share price post-earnings

Atlassian options imply 9.7% move in share price post-earnings

Pre-earnings options volume in Atlassian (TEAM) is 4.1x normal with puts leading calls 7:6. Implied volatility suggests the market is anticipating a move near 9.7%, or $25.69, after results are released. Median move over the past eight quarters is 12.1%.

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