Pre-earnings options volume in Spire Global (SPIR) is 1.4x normal with calls leading puts 19:5. Implied volatility suggests the market is anticipating a move near 12.3%, or $1.29, after results are released. Median move over the past eight quarters is 1.7%.
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>>
Read More on SPIR:
- Largest borrow rate increases among liquid names
- Spire Global announces expanded Space Services agreement with Myriota
- Spire Global price target lowered to $17 from $24 at Alliance Global Partners
- Spire Global’s Strategic Moves and Financial Strengthening Lead to Buy Rating with $16 Price Target
- Spire Global price target raised to $16 from $15.50 at Canaccord
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue