Pre-earnings options volume in ServiceNow (NOW) is 1.8x normal with puts leading calls 10:9. Implied volatility suggests the market is anticipating a move near 5.9%, or $53.12, after results are released. Median move over the past eight quarters is 3.6%.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOW:
- Notable companies reporting after market close
- ServiceNow price target raised to $900 from $780 at Truist
- Boeing machinists announce proposal to end strike: Morning Buzz
- ServiceNow price target raised to $1,000 from $900 at TD Cowen
- Options Volatility and Implied Earnings Moves This Week, October 21 – October 25, 2024