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Wolfspeed options imply 16.7% move in share price post-earnings

Wolfspeed options imply 16.7% move in share price post-earnings

Pre-earnings options volume in Wolfspeed is normal with calls leading puts 10:9. Implied volatility suggests the market is anticipating a move near 16.7%, or $4.42, after results are released. Median move over the past eight quarters is 17.6%.

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