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%.
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>>
Read More on NCNO:
- Options Volatility and Implied Earnings Moves Today, August 27, 2024
- NCNO Earnings this Week: How Will it Perform?
- ABN AMRO and nCino Partnership Driving Digital Transformation across Corporate Lending
- nCino Announces Timing of its Second Quarter Fiscal Year 2025 Financial Results Conference Call
- nCino upgraded to Buy from Neutral at Goldman Sachs
