Pre-earnings options volume in Dropbox is 3.3x normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 5.4%, or $1.76, after results are released. Median move over the past eight quarters is 3.6%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DBX:
- Options Volatility and Implied Earnings Moves Today, February 15, 2024
- DBX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Dropbox announces multi-year partnership with McLaren Formula 1 Team
- Historic data leak reveals 26B records from Adobe, others, Cybernews reports
- Dropbox price target raised to $37 from $32 at JMP Securities
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue