nCino options imply 6.8% move in share price post-earnings
The Fly

nCino options imply 6.8% move in share price post-earnings

Pre-earnings options volume in nCino is 2.1x normal with calls leading puts 8:5. Implied volatility suggests the market is anticipating a move near 6.8%, or $2.36, after results are released. Median move over the past eight quarters is 8.7%.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Related Articles
TheFlynCino upgraded to Outperform from Market Perform at Raymond James
TheFlyMacquarie remains bullish on nCino, says Q2 beat further validates path to ’50’
TheFlyMorning Movers: Department-store chains Kohl’s, Nordstrom rise after earnings
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App