Pre-earnings options volume in Ambarella is 3.2x normal with puts leading calls 10:9. Implied volatility suggests the market is anticipating a move near 9.5%, or $5.54, after results are released. Median move over the past eight quarters is 12.9%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on AMBA:
- Options Volatility and Implied Earnings Moves Today, November 30, 2023
- AMBA Upcoming Earnings Report: What to Expect?
- Options Volatility and Implied Earnings Moves This Week, November 27 – December 01, 2023
- Ambarella Announces Third Quarter Fiscal Year 2024 Earnings Conference Call to be Held November 30, 2023
- ADT and Ford Backed Canopy Selects Ambarella’s Edge AI System-on-Chip for Groundbreaking Intelligent Vehicle Security System