tiprankstipranks
Discover options imply 5.1% move in share price post-earnings
The Fly

Discover options imply 5.1% move in share price post-earnings

Pre-earnings options volume in Discover is 2.5x normal with puts leading calls 7:4. Implied volatility suggests the market is anticipating a move near 5.1%, or $5.48, after results are released. Median move over the past eight quarters is 6.1%.

Don't Miss our Black Friday Offers:

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 DFS:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App