Pre-earnings options volume in Alcoa is normal with calls leading puts 8:5. Implied volatility suggests the market is anticipating a move near 4.9%, or $2.06, after results are released. Median move over the past eight quarters is 3.3%.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AA:
- Options Volatility and Implied Earnings Moves Today, October 16, 2024
- Alcoa announces alumina supply contract extension with Aluminium Bahrain
- Options Volatility and Implied Earnings Moves This Week, October 15 – October 18, 2024
- Alcoa price target raised to $41 from $37 at Wolfe Research
- Alcoa upgraded to Buy from Neutral at BofA