Pre-earnings options volume in Digital Turbine is 3.1x normal with puts leading calls 2:1. Implied volatility suggests the market is anticipating a move near 15.2%, or $1.54, after results are released. Median move over the past eight quarters is 20.8%.
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 APPS:
- Digital Turbine Reports Fiscal 2024 First Quarter Financial Results
- APPS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Digital Turbine call volume above normal and directionally bullish
- #SocialStocks: Canada to cease ads on Facebook and Instagram
- Digital Turbine rallied on Meta’s European plans, says B. Riley