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Planet Labs PBC options imply 9.2% move in share price post-earnings

Planet Labs PBC options imply 9.2% move in share price post-earnings

Pre-earnings options volume in Planet Labs (PL) PBC is 1.3x normal with calls leading puts 9:5. Implied volatility suggests the market is anticipating a move near 9.2%, or 39c, after results are released. Median move over the past eight quarters is 11.0%.

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