Pre-earnings options volume in Element Solutions (ESI) is normal with puts leading calls 23:1. Implied volatility suggests the market is anticipating a move near 6.5%, or $1.26, after results are released. Median move over the past eight quarters is 3.8%.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESI:
- Element Solutions (ESI) Q1 Earnings Cheat Sheet
- Bank of America Says These 2 Stocks Look Like a Bargain
- Element Solutions price target lowered to $23 from $31 at Mizuho
- Element Solutions price target lowered to $25 from $31 at UBS
- Element Solutions upgraded to Buy at BofA on resilient earnings outlook