Pre-earnings options volume in Trex Company (TREX) is 6.0x normal with calls leading puts 7:3. Implied volatility suggests the market is anticipating a move near 9.3%, or $6.18, after results are released. Median move over the past eight quarters is 7.3%.
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Read More on TREX:
- TREX Upcoming Earnings Report: What to Expect?
- Trex Company price target lowered to $67 from $82 at BMO Capital
- Trex’s railing distribution deal with Snavely a ‘notable’ step, says Truist
- Snavely to sell Trex railing exclusively through nationwide distribution network
- Trex Company price target lowered to $73 from $77 at Jefferies
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