Pre-earnings options volume in Diamondback Energy is 1.5x normal with calls leading puts 9:7. Implied volatility suggests the market is anticipating a move near 4.2%, or $7.77, after results are released. Median move over the past eight quarters is 1.1%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FANG:
- Options Volatility and Implied Earnings Moves Today, August 05, 2024
- Is FANG a Buy, Before Earnings?
- Targa Resources, WPC JV reach final investment decision on Blackcomb Pipeline
- Diamondback Energy price target raised to $215 from $201 at BofA
- Diamondback Energy price target lowered to $249 from $250 at Truist