Pre-earnings options volume in PagerDuty (PD) is 4.2x normal with calls leading puts 9:2. Implied volatility suggests the market is anticipating a move near 8.7%, or $1.39, after results are released. Median move over the past eight quarters is 6.5%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PD: