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Zions Bancorp options imply 3.6% move in share price post-earnings

Pre-earnings options volume in Zions Bancorp (ZION) is 1.8x normal with puts leading calls 9:4. Implied volatility suggests the market is anticipating a move near 3.6%, or $2.30, after results are released. Median move over the past eight quarters is 2.5%.

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