Pre-earnings options volume in Intuit (INTU) is 1.6x normal with calls leading puts 5:4. Implied volatility suggests the market is anticipating a move near 4.1%, or $27.80, after results are released. Median move over the past eight quarters is 5.5%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTU:
- Options Volatility and Implied Earnings Moves Today, November 21, 2024
- Intuit selloff on media report unwarranted, says Jefferies
- ‘DOGE’ commission weighs mobile app to file taxes, Washington Post says
- Intuit, H&R Block fall following Washginton Post report
- Workday initiated, Kraft Heinz downgraded: Wall Street’s top analyst calls