Pre-earnings options volume in Nucor is 4.3x normal with puts leading calls 19:5. Implied volatility suggests the market is anticipating a move near 4.1%, or $7.84, after results are released. Median move over the past eight quarters is 5.5%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NUE:
- Options Volatility and Implied Earnings Moves Today, April 22, 2024
- NUE Upcoming Earnings Report: What to Expect?
- Seaport Research metals/mining analyst hold an analyst/industry conference call
- Biden’s Tariffs Could Make This Steel Company a Steal
- Biden to propose higher tariffs on Chinese steel, aluminum, Bloomberg reports