Pre-earnings options volume in Copart is 2.6x normal with calls leading puts 19:6. Implied volatility suggests the market is anticipating a move near 3.3%, or $1.64, after results are released. Median move over the past eight quarters is 2.0%.
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 Insiders’ Hot Stocks on TipRanks >>
Read More on CPRT: