Pre-earnings options volume in Elastic (ESTC) NV is 12.4x normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 13.5%, or $12.62, after results are released. Median move over the past eight quarters is 12.1%.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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, November 21, 2024
- Closing Bell Movers: Nvidia down slightly after Q3 results
- Elastic price target raised to $136 from $130 at Citi
- Elastic N.V. (ESTC) Q2 Earnings Cheat Sheet
- Options Volatility and Implied Earnings Moves This Week, November 18 – November 21, 2024