Pre-earnings options volume in Array Technologies is 1.5x normal with calls leading puts 15:2. Implied volatility suggests the market is anticipating a move near 11.4%, or $1.44, after results are released. Median move over the past eight quarters is 9.1%.
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>>
Read More on ARRY:
- Array and DNV Release Report on Solar Tracker Wind Stow Strategies’ Energy Impact
- Avangrid CEO congratulates Array on Albuquerque facility
- Array Technologies price target lowered to $18 from $25 at Scotiabank
- Array Technologies hosts U.S. Energy Secretary Jennifer Granholm, NM Senators
- Array Hosts U.S. Energy Secretary Granholm, New Mexico Senators to Break Ground on New Solar Manufacturing Facility