Pre-earnings options volume in Alcoa (AA) is 1.1x normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 5.6%, or $2.19, after results are released. Median move over the past eight quarters is 3.6%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AA:
- Alcoa has ‘unexpected opportunity’ in monetizing AI, says Morgan Stanley
- Options Volatility and Implied Earnings Moves Today, January 22, 2025
- Options Volatility and Implied Earnings Moves This Week, January 21 – January 24, 2025
- AA Earnings this Week: How Will it Perform?
- Albanese Labor Gov. announces A$2B investment in Australian aluminum industry
Questions or Comments about the article? Write to editor@tipranks.com