Pre-earnings options volume in DexCom is 3.6x normal with calls leading puts 5:3. Implied volatility suggests the market is anticipating a move near 6.6%, or $8.40, after results are released. Median move over the past eight quarters is 5.3%.
Claim 30% 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>>
See the top stocks recommended by analysts >>
Read More on DXCM:
- DXCM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- DexCom price target raised to $140 from $137 at Canaccord
- DexCom breaks ground on new manufacturing facility in Ireland
- DexCom price target raised to $145 from $136 at Wells Fargo
- DexCom sees FY24 revenue $4.15B-$4.35B, consensus $4.32B
