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ZTO Express options imply 3.6% move in share price post-earnings
The Fly

ZTO Express options imply 3.6% move in share price post-earnings

Pre-earnings options volume in ZTO Express is 1.6x normal with calls leading puts 4:1. Implied volatility suggests the market is anticipating a move near 3.6%, or 72c, after results are released. Median move over the past eight quarters is 4.0%.

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