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Pure Storage options imply 8.5% move in share price post-earnings

Pure Storage options imply 8.5% move in share price post-earnings

Pre-earnings options volume in Pure Storage is 5.4x normal with puts leading calls 5:4. Implied volatility suggests the market is anticipating a move near 8.5%, or $5.33, after results are released. Median move over the past eight quarters is 13.7%.

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