Pre-earnings options volume in Cassava Sciences is normal with calls leading puts 8:5. Implied volatility suggests the market is anticipating a move near 15.1%, or $3.33, after results are released. Median move over the past eight quarters is 4.6%.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAVA:
- Unusually active option classes on open July 30th
- Cassava Sciences Announces Expansion of Open-Label Extension Trials
- Cassava Sciences announces expansion of open-label extension trials
- Cassava Sciences call volume above normal and directionally bullish
- SAVA Earnings Report this Week: Is It a Buy, Ahead of Earnings?