Pre-earnings options volume in NetApp is 4.8x normal with puts leading calls 5:2. Implied volatility suggests the market is anticipating a move near 5.2%, or $4.09, after results are released. Median move over the past eight quarters is 3.5%.
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 the top stocks recommended by analysts >>
Read More on NTAP:
- Options Volatility and Implied Earnings Moves Today, November 28, 2023
- NTAP Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Cuts to wafer starts starting to drive memory prices higher, says Susquehanna
- Pure Storage price target raised to $58 from $47 at Northland
- NetApp, Ducati Corse renew partnership, debut co-engineered data management