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Pure Storage options imply 9.4% move in share price post-earnings

Pure Storage options imply 9.4% move in share price post-earnings

Pre-earnings options volume in Pure Storage is 2.4x normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 9.4%, or $5.66, after results are released. Median move over the past eight quarters is 7.9%.

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