Pre-earnings options volume in Copart (CPRT) is 2.3x normal with calls leading puts 7:5. Implied volatility suggests the market is anticipating a move near 4.1%, or $2.32, after results are released. Median move over the past eight quarters is 2.8%.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPRT: