Pre-earnings options volume in GigaCloud (GCT) Technology is 2.3x normal with calls leading puts 7:3. Implied volatility suggests the market is anticipating a move near 11.5%, or $1.85, after results are released. Median move over the past eight quarters is 13.9%.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GCT: