Pre-earnings options volume in Credo Technology Group is 2.5x normal with calls leading puts 19:5. Implied volatility suggests the market is anticipating a move near 13.2%, or $4.20, after results are released. Median move over the past eight quarters is 5.5%.
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Read More on CRDO:
- Credo Technology price target raised to $35 from $30 at Mizuho
- Credo Technology price target raised to $40 from $36 at Stifel
- Credo Technology Group Holding Ltd. (CRDO) Q1 Earnings Cheat Sheet
- Credo Technology appoints Laufman as Chief Legal Officer
- Credo to Present at Goldman Sachs Communacopia + Technology Conference
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