Pre-earnings options volume in Robinhood is 1.4x normal with calls leading puts 8:5. Implied volatility suggests the market is anticipating a move near 11.0%, or $1.97, after results are released. Median move over the past eight quarters is 7.7%.
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Read More on HOOD:
- Barclays says outcome unclear of Robinhood ‘Wells Notice’
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- Robinhood drops after disclosing ‘Wells Notice’ from staff of SEC
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