Pre-earnings options volume in Baker Hughes is 3.4x normal with puts leading calls 9:7. Implied volatility suggests the market is anticipating a move near 2.7%, or 84c, after results are released. Median move over the past eight quarters is 3.3%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BKR:
- QQQ ETF Update, 1/22/2024
- BKR Upcoming Earnings Report: What to Expect?
- Baker Hughes reports U.S. rig count up 1 to 620 rigs
- QQQ ETF Update, 1/18/2024
- Baker Hughes price target lowered to $40 from $44 at Benchmark
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue