Pre-earnings options volume in Coherent is 3.6x normal with calls leading puts 8:3. Implied volatility suggests the market is anticipating a move near 10.0%, or $3.27, after results are released. Median move over the past eight quarters is 2.7%.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on COHR:
- Options Volatility and Implied Earnings Moves Today, November 06, 2023
- COHR Earnings this Week: How Will it Perform?
- Coherent Wins 2023 Business Innovation Award For Its Axon Laser From The IOP
- Coherent Announces Date of FY2024 First-Quarter Conference Call
- Coherent put volume heavy and directionally bearish