Pre-earnings options volume in DigitalOcean Holdings is 7.6x normal with puts leading calls 3:1. Implied volatility suggests the market is anticipating a move near 13.0%, or $3.65, after results are released. Median move over the past eight quarters is 8.2%.
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Read More on DOCN:
- DigitalOcean Holdings Announces C-Suite Leadership Changes
- DigitalOcean appoints Larry D’Angelo as new CRO
- DigitalOcean price target lowered to $34 from $38 at Piper Sandler
- DigitalOcean names Wade Wegner chief ecosystem and growth officer
- DigitalOcean names Bratin Saha chief product, technology officer
