CytomX Therapeutics options imply 56.8% move in share price post-earnings
The Fly

CytomX Therapeutics options imply 56.8% move in share price post-earnings

Pre-earnings options volume in CytomX Therapeutics is 10.4x normal with calls leading puts 7:1. Implied volatility suggests the market is anticipating a move near 56.8%, or $2.29, after results are released. Median move over the past eight quarters is 3.5%.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App