Pre-earnings options volume in Crown Castle is 1.7x normal with calls leading puts 5:2. Implied volatility suggests the market is anticipating a move near 3.6%, or $3.28, after results are released. Median move over the past eight quarters is 2.4%.
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 today’s best-performing stocks on TipRanks >>
Read More on CCI:
- Crown Castle price target lowered to $126 from $138 at Citi
- Wayfair upgraded, JD.com downgraded: Wall Street’s top analyst calls
- Options Volatility and Implied Earnings Moves This Week, October 16 – October 20, 2023
- Crown Castle downgraded to Sector Perform from Outperform at RBC Capital
- Is CCI a Buy, Before Earnings?