Pre-earnings options volume in ICON (ICLR) plc is normal with calls leading puts 13:1. Implied volatility suggests the market is anticipating a move near 2.8%, or $2.71, after results are released. Median move over the past eight quarters is 5.6%.
Claim 55% 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 ICLR:
- Icon price target lowered to $120 from $200 at Citi
- ICON plc options imply 4.1% move in share price post-earnings
- Icon price target lowered to $120 from $200 at Barclays
- Icon plc: Valuation Overhang and Revenue Timing Issues Create Compelling Buy‑Rated Risk‑Reward Opportunity
- Icon upgraded to Buy from Hold at Jefferies