Pre-earnings options volume in PPG Industries is 1.5x normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 3.4%, or $4.60, after results are released. Median move over the past eight quarters is 2.6%.
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 PPG:
- PPG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Wells Fargo upgraded PPG to Overweight, sees Q2 as turning point for volume
- PPG upgraded to Overweight from Equal Weight at Wells Fargo
- PPG price target lowered to $161 from $170 at Citi
- PPG price target lowered to $164 from $167 at KeyBanc