Pre-earnings options volume in ZTO Express (ZTO) is 3.4x normal with calls leading puts 10:1. Implied volatility suggests the market is anticipating a move near 5.8%, or $1.23, after results are released. Median move over the past eight quarters is 5.2%.
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Read More on ZTO:
- Zto Express (Cayman), Inc. Sponsored Adr Class A (ZTO) Q3 Earnings Cheat Sheet
- ZTO Express Maintains Stable Share Structure
- ZTO Express initiated with an Overweight at JPMorgan
- ZTO Express price target raised to $28.60 from $20.50 at Macquarie
- ZTO Express call volume above normal and directionally bullish