Pre-earnings options volume in Jack in the Box (JACK) is 1.2x normal with calls leading puts 9:7. Implied volatility suggests the market is anticipating a move near 8.6%, or $1.21, after results are released. Median move over the past eight quarters is 4.0%.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JACK:
- Hold Rating on Jack In The Box Amid Macroeconomic Challenges and Competitive Pressures
- Jack in the Box price target lowered to $17 from $20 at UBS
- JACK Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Jack In The Box Announces New Board Directors
- Jack in the Box names Mark King and Alan Smolinisky to Board