Pre-earnings options volume in Gitlab (GTLB) is 6.4x normal with calls leading puts 7:4. Implied volatility suggests the market is anticipating a move near 13.0%, or $8.66, after results are released. Median move over the past eight quarters is 16.2%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GTLB:
- Notable companies reporting after market close
- GitLab price target raised to $75 from $65 at Scotiabank
- AWS, GitLab announce integrated AI offering
- GTLB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Options Volatility and Implied Earnings Moves This Week, December 02 – December 05, 2024