Pre-earnings options volume in GXO Logistics is normal with calls leading puts 7:5. Implied volatility suggests the market is anticipating a move near 4.2%, or $2.33, after results are released. Median move over the past eight quarters is 2.5%.
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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on GXO:
- Gxo Logistics Inc (GXO) Q4 Earnings Cheat Sheet
- GXO Logistics pilots AI-enhanced robotics in warehouse
- GXO Schedules Fourth Quarter, Full-Year 2023 Earnings Conference Call for Wednesday, February 14, 2024
- GXO Logistics price target lowered to $70 from $72 at TD Cowen
- GXO Appoints Richard Cawston as Chief Revenue Officer