Pre-earnings options volume in Doximity is 4.8x normal with puts leading calls 3:1. Implied volatility suggests the market is anticipating a move near 13.0%, or $3.07, after results are released. Median move over the past eight quarters is 11.6%.
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 DOCS:
- Doximity, Inc. (DOCS) Q4 Earnings Cheat Sheet
- Doximity upgraded to Neutral from Underweight at JPMorgan
- Doximity checks point to ‘tepid growth,’ says Morgan Stanley
- Doximity short report concerns mostly already known, says Evercore ISI
- Doximity falls after Jehoshaphat questions sales growth in short report