Pre-earnings options volume in Petco (WOOF) is 4.7x normal with calls leading puts 16:1. Implied volatility suggests the market is anticipating a move near 19.4%, or 48c, after results are released. Median move over the past eight quarters is 17.9%.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WOOF: