Pre-earnings options volume in ContextLogic is 3.6x normal with calls leading puts 7:5. Implied volatility suggests the market is anticipating a move near 14.5%, or 63c, after results are released. Median move over the past eight quarters is 6.5%.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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>>
See the top stocks recommended by analysts >>
Read More on WISH:
- WISH Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
- Wish Releases Inaugural ‘Anti-Counterfeiting Report’ as it Continues to Crack Down on Counterfeiters
- ContextLogic releases inaugural ‘Anti-Counterfeiting Report’
- Wish Partners with French Ecommerce SaaS Business Octopia to Further Expand its European Merchant Base
- Wish Unveils Early Holiday ‘Gift Guide’ Campaign as Festive Preparations Kick Off