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Microchip options imply 6.4% move in share price post-earnings

Microchip options imply 6.4% move in share price post-earnings

Pre-earnings options volume in Microchip (MCHP) is 3.2x normal with calls leading puts 8:3. Implied volatility suggests the market is anticipating a move near 6.4%, or $4.79, after results are released. Median move over the past eight quarters is 2.8%.

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