Pre-earnings options volume in ICON (ICLR) plc is normal with calls leading puts 7:5. Implied volatility suggests the market is anticipating a move near 9.7%, or $11.49, after results are released. Median move over the past eight quarters is 4.6%.
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:
- Spotify initiated, Qualcomm downgraded: Wall Street’s top analyst calls
- Icon upgraded to Outperform from Market Perform at BMO Capital
- Icon, Advarra enter partnership, introduces ‘research-ready’ site network model
- ICON plc options imply 2.8% move in share price post-earnings
- Icon price target lowered to $120 from $200 at Citi