Pre-earnings options volume in MP Materials is 1.8x normal with puts leading calls 9:8. Implied volatility suggests the market is anticipating a move near 6.5%, or $1.02, after results are released. Median move over the past eight quarters is 5.4%.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MP:
- MP Materials price target lowered to $23 from $27 at Canaccord
- MP Materials, Lynas may be working on mega-merger, AFR reports
- MP Materials price target lowered to $22 from $26 at TD Cowen
- MP Materials put volume heavy and directionally bearish
- MP Materials price target lowered to $14 from $18 at Deutsche Bank