Pre-earnings options volume in Semtech is normal with calls leading puts 9:4. Implied volatility suggests the market is anticipating a move near 10.4%, or $3.95, after results are released. Median move over the past eight quarters is 8.5%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMTC:
- Options Volatility and Implied Earnings Moves Today, August 27, 2024
- Is SMTC a Buy, Before Earnings?
- Short Report: Bears pounce on DOJ, SEC investigation into Cassava Sciences fraud
- Semtech affirmed outlook, said Q2 bookings exceeded Q1
- Semtech: Strong Outlook, Increased Bookings, and Equity Conversion