Pre-earnings options volume in Sallie Mae is normal with calls leading puts 19:5. Implied volatility suggests the market is anticipating a move near 5.7%, or $1.60, after results are released. Median move over the past eight quarters is 2.6%.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLM:
- Slm Corporation (SLM) Q1 Earnings Cheat Sheet
- SLM’s Stabilizing Loan Portfolio and Improved Charge-Offs Justify Buy Rating
- SLM price target lowered to $27 from $30 at JPMorgan
- SLM price target lowered to $31 from $38 at Morgan Stanley
- AFT sues U.S. Department of Education for ‘breaking’ student loan system