Pre-earnings options volume in Borr Drilling (BORR) is 2.4x normal with calls leading puts 79:1. Implied volatility suggests the market is anticipating a move near 11.6%, or 19c, after results are released. Median move over the past eight quarters is 2.6%.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BORR: