Pre-earnings options volume in MongoDB is 1.7x normal with calls leading puts 9:8. Implied volatility suggests the market is anticipating a move near 9.7%, or $23.60, after results are released. Median move over the past eight quarters is 16.9%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MDB:
- Options Volatility and Implied Earnings Moves Today, August 29, 2024
- MongoDB revenue bar ‘sufficiently conservative,’ says Citi
- Is MDB a Buy, Before Earnings?
- Options Volatility and Implied Earnings Moves This Week, August 26 – August 30, 2024
- DA Davidson technology analysts hold an analyst/industry conference call