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Cadence Design options imply 6.4% move in share price post-earnings
The Fly

Cadence Design options imply 6.4% move in share price post-earnings

Pre-earnings options volume in Cadence Design is 5.5x normal with calls leading puts 19:6. Implied volatility suggests the market is anticipating a move near 6.4%, or $19.75, after results are released. Median move over the past eight quarters is 3.0%.

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