Pre-earnings options volume in Zillow is 1.5x normal with puts leading calls 10:7. Implied volatility suggests the market is anticipating a move near 8.9%, or $4.75, after results are released. Median move over the past eight quarters is 3.5%.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on Z:
- Z Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- CoStar launching $1B campaign to market Homes.com, WBJ reports
- Zillow Group price target raised to $70 from $58 at Piper Sandler
- Zillow Group price target raised to $66 from $60 at RBC Capital
- Zillow price target raised to $65 from $46 at JPMorgan