Pre-earnings options volume in Getty Images (GETY) is 2.2x normal with calls leading puts 9:2. Implied volatility suggests the market is anticipating a move near 13.5%, or 29c, after results are released. Median move over the past eight quarters is 2.8%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GETY:
- GETY Earnings this Week: How Will it Perform?
- Strategic Merger Between Getty Images and Shutterstock: A Buy Rating Due to Growth and Synergy Potential
- Getty Images signs photography partnership with NWSL
- Getty Images renews multi-year partnership with UEFA
- Shutterstock downgraded to Hold from Buy at Truist