Pre-earnings options volume in NovaGold is 2.6x normal with calls leading puts 190:1. Implied volatility suggests the market is anticipating a move near 7.0%, or 24c, after results are released. Median move over the past eight quarters is 7.3%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NG:
