Pre-earnings options volume in K12 is 2.6x normal with puts leading calls 7:4. Implied volatility suggests the market is anticipating a move near 13.4%, or $5.12, after results are released. Median move over the past eight quarters is 13.9%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- 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 Insiders’ Hot Stocks on TipRanks >>
Read More on LRN: