Pre-earnings options volume in Applovin (APP) is normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 11.3%, or $19.07, after results are released. Median move over the past eight quarters is 21.0%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APP:
- Notable companies reporting after market close
- AppLovin (NASDAQ:APP) Faces High Expectations This Earnings Season
- Take-Two in discussions to sell Chartboost adtech unit, Insider says
- AppLovin price target raised to $202 from $150 at BTIG
- Trade Desk downgraded, First Solar upgraded: Wall Street’s top analyst calls