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Asana options imply 12.4% move in share price post-earnings
The Fly

Asana options imply 12.4% move in share price post-earnings

Pre-earnings options volume in Asana is 7.5x normal with puts leading calls 8:5. Implied volatility suggests the market is anticipating a move near 12.4%, or $1.62, after results are released. Median move over the past eight quarters is 12.9%.

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