Pre-earnings options volume in Stitch Fix (SFIX) is 1.7x normal with puts leading calls 7:6. Implied volatility suggests the market is anticipating a move near 18.5%, or 75c, after results are released. Median move over the past eight quarters is 24.5%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SFIX: