Pre-earnings options volume in Elastic NV is 4.1x normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 10.7%, or $11.02, after results are released. Median move over the past eight quarters is 10.6%.
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>>
Read More on ESTC:
- Options Volatility and Implied Earnings Moves Today, August 29, 2024
- Elastic price target raised to $160 from $155 at Citi
- ESTC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- DA Davidson technology analysts hold an analyst/industry conference call
- Jefferies Internet and software analyst to hold analyst/industry conference call