Pre-earnings options volume in Ocean Power is normal with calls leading puts 402:1. Implied volatility suggests the market is anticipating a move near 46.2%, or 16c, after results are released. Median move over the past eight quarters is 2.5%.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPTT:
- Ocean Power Technologies Awarded Contract for Delivery of AI Capable Merrows Buoy in the Middle East
- Ocean Power awarded contract for delivery of AI capable Merrows buoy
- Ocean Power Technologies to Report fiscal 2024 Fourth Quarter Results on July 25th, 2024
- Ocean Power Technologies to Participate in Fireside Chat with Water Tower Research on July 17, 2024
- Ocean Power options imply 17.8% move in share price post-earnings