New Gold options imply 5.0% move in share price post-earnings
The Fly

New Gold options imply 5.0% move in share price post-earnings

Pre-earnings options volume in New Gold (NGD) is normal with calls leading puts 19:3. Implied volatility suggests the market is anticipating a move near 5.0%, or 14c, after results are released. Median move over the past eight quarters is 4.8%.

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