Pre-earnings options volume in Synopsys is 3.4x normal with puts leading calls 7:5. Implied volatility suggests the market is anticipating a move near 3.9%, or $21.52, after results are released. Median move over the past eight quarters is 4.8%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SNPS:
- Options Volatility and Implied Earnings Moves Today, November 29, 2023
- Options Volatility and Implied Earnings Moves This Week, November 27 – December 01, 2023
- Synopsys price target raised to $600 from $540 at KeyBanc
- Is SNPS a Buy, Before Earnings?
- Synopsys price target raised to $600 from $505 at Wells Fargo