Pre-earnings options volume in NetApp is 8.1x normal with calls leading puts 9:5. Implied volatility suggests the market is anticipating a move near 6.2%, or $5.55, after results are released. Median move over the past eight quarters is 5.8%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NTAP:
- NetApp Inc (NTAP) Q3 Earnings Cheat Sheet
- DA Davidson technology analysts hold an analyst/industry conference call
- NetApp downgraded to Market Perform from Outperform at Raymond James
- NetApp downgraded to Underweight from Neutral at JPMorgan
- NetApp president Cernuda sells 22,000 common shares
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue