Pre-earnings options volume in Coterra Energy (CTRA) is 1.7x normal with puts leading calls 10:9. Implied volatility suggests the market is anticipating a move near 3.8%, or 97c, after results are released. Median move over the past eight quarters is 2.3%.
Claim 55% 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 CTRA:
- CTRA Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Coterra Energy price target lowered to $33 from $34 at BofA
- Coterra Energy price target lowered to $37 from $38 at Barclays
- Coterra Energy price target lowered to $32 from $34 at Susquehanna
- Coterra Energy price target lowered to $33 from $37 at Raymond James