Pre-earnings options volume in Skyworks is 2.6x normal with puts leading calls 7:5. Implied volatility suggests the market is anticipating a move near 5.0%, or $5.19, after results are released. Median move over the past eight quarters is 3.4%.
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>>
See the top stocks recommended by analysts >>
Read More on SWKS:
- Options Volatility and Implied Earnings Moves Today, January 30, 2024
- Skyworks price target raised to $110 from $89 at B. Riley
- Citi replaces Nvidia with Marvell as top specialty semi pick
- Skyworks price target raised to $120 from $110 at Susquehanna
- Apple downgraded, Micron upgraded: Wall Street’s top analyst calls