Pre-earnings options volume in Tattooed Chef is 2.1x normal with puts leading calls 14:1. Implied volatility suggests the market is anticipating a move near 9.6%, or 15c, after results are released. Median move over the past eight quarters is 4.6%.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on TTCF:
- Tattooed Chef updates cost reduction, expansion initiatives
- Tattooed Chef cuts FY22 revenue view to $234M from $235M-$245M
- Tattooed Chef to delay filing Form 10-K
- Tattooed Chef Updates Previously Announced Cost Reduction and Expansion Initiatives; Files Form 12b-25 Concerning the Filing of its 2022 10-K
- Tattooed Chef options imply 13.7% move in share price post-earnings