Pre-earnings options volume in Petco (WOOF) is 2.2x normal with calls leading puts 11:2. Implied volatility suggests the market is anticipating a move near 18.8%, or 93c, after results are released. Median move over the past eight quarters is 17.9%.
Claim 30% 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 WOOF: