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%.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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