Pre-earnings options volume in Skechers is 28.2x normal with calls leading puts 7:4. Implied volatility suggests the market is anticipating a move near 7.0%, or $4.47, after results are released. Median move over the past eight quarters is 9.5%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SKX:
- Under Armour downgraded, Snap upgraded: Wall Street’s top analyst calls
- SKX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Skechers upgraded to Overweight from Equal Weight at Morgan Stanley
- Skechers price target raised to $79 from $77 at TD Cowen
- Skechers sues LL Bean, accusing company of copying its shoes, Reuters says
