Pre-earnings options volume in Box is 6.4x normal with calls leading puts 9:5. Implied volatility suggests the market is anticipating a move near 6.4%, or $1.59, after results are released. Median move over the past eight quarters is 7.5%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BOX:
- Options Volatility and Implied Earnings Moves Today, May 28, 2024
- Options Volatility and Implied Earnings Moves This Week, May 28 – May 30, 2024
- Shopify, Kraft Heinz upgraded: Wall Street’s top analyst calls
- Box downgraded to Equal Weight from Overweight at Morgan Stanley
- Box Inc. Enhances Board with New Director Steve Murphy