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NetApp options imply 6.5% move in share price post-earnings

NetApp options imply 6.5% move in share price post-earnings

Pre-earnings options volume in NetApp is 5.8x normal with calls leading puts 7:4. Implied volatility suggests the market is anticipating a move near 6.5%, or $7.61, after results are released. Median move over the past eight quarters is 6.9%.

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