Pre-earnings options volume in Smartsheet is 12.1x normal with calls leading puts 7:2. Implied volatility suggests the market is anticipating a move near 8.1%, or $3.24, after results are released. Median move over the past eight quarters is 8.9%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SMAR:
- Smartsheet (SMAR) Q4 Earnings Cheat Sheet
- Smartsheet price target lowered to $48 from $52 at BMO Capital
- Options Volatility and Implied Earnings Moves This Week, March 11 – March 15, 2024
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Moderna downgraded, Gap upgraded: Wall Street’s top analyst calls
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue