Pre-earnings options volume in SMART Global is 4.3x normal with puts leading calls 9:7. Implied volatility suggests the market is anticipating a move near 15.8%, or $3.76, after results are released. Median move over the past eight quarters is 9.6%.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SGH: