Pre-earnings options volume in NovaGold is 1.1x normal with calls leading puts 9:7. Implied volatility suggests the market is anticipating a move near 6.6%, or 22c, after results are released. Median move over the past eight quarters is 6.4%.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NG:
- Options Volatility and Implied Earnings Moves Today, April 03, 2024
- Options Volatility and Implied Earnings Moves This Week, April 01 – April 05, 2024
- SAVE THE DATE: NOVAGOLD 2024 First Quarter Financial Results Release, Conference Call and Video Webcast
- NovaGold price target lowered to C$7.50 from C$9 at National Bank