Pre-earnings options volume in Modine (MOD) Manufacturing is 1.6x normal with puts leading calls 7:5. Implied volatility suggests the market is anticipating a move near 8.0%, or $8.85, after results are released. Median move over the past eight quarters is 7.0%.
Claim 55% 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 MOD:
- Modine’s Strategic Expansion in Data Center Market Justifies Buy Rating
- Modine’s Strategic Expansion and Investment in Data Centers Drives Buy Rating
- MOD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Modine Appoints Alan S. Lowe to Board
- Modine Secures New Credit Agreement for Financial Flexibility