Pre-earnings options volume in E.l.f. Beauty is 2.0x normal with calls leading puts 5:3. Implied volatility suggests the market is anticipating a move near 13.8%, or $14.23, after results are released. Median move over the past eight quarters is 14.7%.
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