Steel Dynamics options imply 3.2% move in share price post-earnings
The Fly

Steel Dynamics options imply 3.2% move in share price post-earnings

Pre-earnings options volume in Steel Dynamics is 1.4x normal with puts leading calls 7:5. Implied volatility suggests the market is anticipating a move near 3.2%, or $4.19, after results are released. Median move over the past eight quarters is 4.0%.

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