Pre-earnings options volume in Confluent is 3.0x normal with calls leading puts 7:1. Implied volatility suggests the market is anticipating a move near 10.2%, or $2.86, after results are released. Median move over the past eight quarters is 16.1%.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CFLT:
- Confluent price target lowered to $32 from $39 at UBS
- Confluent price target lowered to $39 from $42 at Barclays
- Cantor Fitzgerald software analysts to hold an analyst/industry conference call
- Confluent initiated with an Equalweight at Capital One
- DA Davidson technology analysts to hold an analyst/industry conference call