Pre-earnings options volume in Crown Castle is 2.7x normal with calls leading puts 8:5. Implied volatility suggests the market is anticipating a move near 3.8%, or $3.60, after results are released. Median move over the past eight quarters is 4.0%.
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>>
Read More on CCI:
- Options Volatility and Implied Earnings Moves Today, April 17, 2024
- Options Volatility and Implied Earnings Moves This Week, April 15 – April 19, 2024
- Crown Castle International (CCI) Q1 Earnings Cheat Sheet
- Ted Miller makes statement on appointment of Crown Castle CEO
- Crown Castle urges shareholders to vote for director nominees