Pre-earnings options volume in Pure Storage (PSTG) is 2.9x normal with calls leading puts 3:1. Implied volatility suggests the market is anticipating a move near 9.2%, or $5.09, after results are released. Median move over the past eight quarters is 15.5%.
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 PSTG: