Pre-earnings options volume in New Fortress Energy (NFE) is 1.9x normal with calls leading puts 10:3. Implied volatility suggests the market is anticipating a move near 12.0%, or 17c, after results are released. Median move over the past eight quarters is 4.4%.
Claim 55% 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 NFE:
- New Fortress Energy receives conditional approval for Puerto Rico deal
- Unusually active option classes on open December 1st
- Largest borrow rate increases among liquid names
- New Fortress Energy Faces Financial Uncertainty After $1 Billion Jamaica Business Sale
- New Fortress falls after bankruptcy warning in quarterly filing