Pre-earnings options volume in Concentrix is 1.8x normal with calls leading puts 6:5. Implied volatility suggests the market is anticipating a move near 8.7%, or $5.43, after results are released. Median move over the past eight quarters is 6.0%.
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 CNXC:
- CNXC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Concentrix files to sell 13.17M shares of common stock for holders
- Concentrix Schedules Release of Fiscal First Quarter 2024 Financial Results and Webcast of Investor Conference Call
- Concentrix appoints Peterson as EVP, Chief Product Officer
- Concentrix Appoints Ryan Peterson as Executive Vice President and Chief Product Officer