Pre-earnings options volume in Prairie Operating (PROP) Co is 2.2x normal with calls leading puts 558:1. Implied volatility suggests the market is anticipating a move near 13.7%, or 23c, after results are released. Median move over the past eight quarters is 19.1%.
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Read More on PROP:
- Prairie Operating price target lowered to $5 from $6 at Roth Capital
- Prairie Operating price target lowered to $9 from $10 at Clear Street
- Prairie Operating price target lowered to $2 from $3 at Piper Sandler
- Largest borrow rate increases among liquid names
- Prairie Operating price target lowered to $10 from $11 at Clear Street
