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Lumentum options imply 10.6% move in share price post-earnings
The Fly

Lumentum options imply 10.6% move in share price post-earnings

Pre-earnings options volume in Lumentum is 1.8x normal with calls leading puts 19:4. Implied volatility suggests the market is anticipating a move near 10.6%, or $4.88, after results are released. Median move over the past eight quarters is 5.1%.

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