Pre-earnings options volume in Lumen (LUMN) Technologies is 2.0x normal with calls leading puts 3:1. Implied volatility suggests the market is anticipating a move near 18.3%, or 90c, after results are released. Median move over the past eight quarters is 15.2%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LUMN:
- Lumen Technologies Inc. (LUMN) Q4 Earnings Cheat Sheet
- Lumen Technologies call volume above normal and directionally bullish
- China’s hackers worked deeper inside U.S. telecom networks, WSJ reports
- Unusually active option classes on open December 23rd
- FedEx to separate Freight unit, Nike reports Q2 beat: Morning Buzz