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Fortress Transportation options imply 9.6% move in share price post-earnings

Fortress Transportation options imply 9.6% move in share price post-earnings

Pre-earnings options volume in Fortress Transportation is 1.4x normal with calls leading puts 19:5. Implied volatility suggests the market is anticipating a move near 9.6%, or $13.52, after results are released. Median move over the past eight quarters is 3.9%.

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