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Copart options imply 3.3% move in share price post-earnings

Copart options imply 3.3% move in share price post-earnings

Pre-earnings options volume in Copart is 2.6x normal with calls leading puts 19:6. Implied volatility suggests the market is anticipating a move near 3.3%, or $1.64, after results are released. Median move over the past eight quarters is 2.0%.

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