Pre-earnings options volume in Reddit (RDDT) Inc is 1.1x normal with calls leading puts 9:4. Implied volatility suggests the market is anticipating a move near 11.3%, or $13.75, after results are released. Median move over the past eight quarters is 6.0%.
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 RDDT:
- Closing Bell Movers: Snap falls 14% after Q1 results, no guidance
- Banks sell final batch of Musk’s X debt, WSJ reports
- Reddit price target lowered to $120 from $195 at Roth Capital
- Closing Bell Movers: Alphabet up 5% after earnings beat
- TikTok’s US Future in Limbo amid Trump-China Tariff Negotiations
