Pre-earnings options volume in Lyft (LYFT) is 1.6x normal with calls leading puts 9:5. Implied volatility suggests the market is anticipating a move near 12.7%, or $1.77, after results are released. Median move over the past eight quarters is 13.5%.
Claim 30% 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 LYFT:
- Here’s what Wall Street experts are saying about Uber ahead of earnings
- Lyft Partners with Baidu (BIDU) to Launch Robotaxis in Europe
- Baidu, Lyft partner to deploy autonomous rides across Europe
- Baidu announces partnership with Lyft for AV deployment in Europe
- Lyft put volume heavy and directionally bearish