Pre-earnings options volume in Urban Outfitters (URBN) is 9.5x normal with puts leading calls 3:1. Implied volatility suggests the market is anticipating a move near 8.6%, or $5.13, after results are released. Median move over the past eight quarters is 11.0%.
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Read More on URBN:
- Gap price target raised to $29 from $26 at Jefferies
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