Pre-earnings options volume in MercadoLibre (MELI) is 2.4x normal with puts leading calls 8:7. Implied volatility suggests the market is anticipating a move near 6.5%, or $137.16, after results are released. Median move over the past eight quarters is 9.3%.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MELI: