Pre-earnings options volume in Duolingo (DUOL) is 1.7x normal with calls leading puts 5:4. Implied volatility suggests the market is anticipating a move near 15.9%, or $42.10, after results are released. Median move over the past eight quarters is 17.5%.
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>>
Read More on DUOL:
- Positive Outlook for Duolingo: Buy Rating Supported by Strong User Growth and Market Stabilization
- Duolingo price target lowered to $370 from $450 at BofA
- Duolingo price target lowered to $450 from $500 at UBS
- Duolingo September engagement increasing, says DA Davidson
- Cautious Hold Rating on Duolingo Amid Promising Yet Unproven Strategic Initiatives