Pre-earnings options volume in Align Technology is 2.0x normal with calls leading puts 7:5. Implied volatility suggests the market is anticipating a move near 10.4%, or $28.29, after results are released. Median move over the past eight quarters is 14.4%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ALGN:
- Options Volatility and Implied Earnings Moves Today, January 31, 2024
- ALGN Earnings this Week: How Will it Perform?
- Align Technology price target raised to $285 from $250 at Stifel
- Align Technology put volume heavy and directionally bearish
- Align receives FDA 510(k) clearance for Invisalign Palatal Expander System