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%.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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