Pre-earnings options volume in SMART Global is 5.5x normal with calls leading puts 7:5. Implied volatility suggests the market is anticipating a move near 12.0%, or $3.10, after results are released. Median move over the past eight quarters is 8.0%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SGH:
- Options Volatility and Implied Earnings Moves Today, April 09, 2024
- Options Volatility and Implied Earnings Moves This Week, April 08 – April 12, 2024
- Is SGH a Buy, Before Earnings?
- Pure Storage, SGH lower after Wedbush discusses Meta’s new AI clusters
- Wedbush says Penguin/SGH not mentioned in Meta’s GenAI GPU clusters presentation