Pre-earnings options volume in Dropbox is 3.3x normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 5.4%, or $1.76, after results are released. Median move over the past eight quarters is 3.6%.
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 today’s best-performing stocks on TipRanks >>
Read More on DBX:
- Options Volatility and Implied Earnings Moves Today, February 15, 2024
- DBX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Dropbox announces multi-year partnership with McLaren Formula 1 Team
- Historic data leak reveals 26B records from Adobe, others, Cybernews reports
- Dropbox price target raised to $37 from $32 at JMP Securities