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CTI BioPharma options imply 9.1% move in share price post-earnings

CTI BioPharma options imply 9.1% move in share price post-earnings

Pre-earnings options volume in CTI BioPharma is 1.7x normal with calls leading puts 16:1. Implied volatility suggests the market is anticipating a move near 9.1%, or 46c, after results are released. Median move over the past eight quarters is 8.5%.

Published first on TheFly

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