Pre-earnings options volume in Celestica (CLS) is 2.4x normal with calls leading puts 5:3. Implied volatility suggests the market is anticipating a move near 10.6%, or $10.61, after results are released. Median move over the past eight quarters is 4.3%.
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 CLS:
- TD Securities raises Celestica price target, says selloff ‘overdone’
- CLS Earnings this Week: How Will it Perform?
- Celestica’s Audit Chair Resigns Citing Personal Reasons
- Celestica price target raised to $115 from $75 at RBC Capital
- CLS Stock is a “Behind-the-Scenes” AI Champion, Which Can Go Much Higher