Pre-earnings options volume in AXT is 1.4x normal with puts leading calls 2:1. Implied volatility suggests the market is anticipating a move near 15.6%, or $12.54, after results are released. Median move over the past eight quarters is 18.3%.
Claim 55% Off TipRanks
New trading tool for AXTI bullsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AXTI:
- AXT Inc. price target raised to $80 from $28 at Wedbush
- AXTI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Midday Fly By: Apple names new CEO, Amazon ups investment in Anthropic
- AXT Inc. prices 8.56M shares at $64.25 in underwritten public offering
- AXT Announces Major Public Offering to Fund Expansion