Cadence Design options imply 3.5% move in share price post-earnings
The Fly

Cadence Design options imply 3.5% move in share price post-earnings

Pre-earnings options volume in Cadence Design is 2.3x normal with calls leading puts 8:7. Implied volatility suggests the market is anticipating a move near 3.5%, or $8.56, after results are released. Median move over the past eight quarters is 3.8%.

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