Pre-earnings options volume in Rackspace Technology is normal with puts leading calls 4:3. Implied volatility suggests the market is anticipating a move near 11.6%, or 21c, after results are released. Median move over the past eight quarters is 6.6%.
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 RXT:
- Rackspace Technology Participates in ViVE 2024 to Discuss Healthcare Technology Interoperability and Revolutionizing Digital Health Strategies
- Rackspace Technology Named a Major Player in IDC MarketScape: Canadian Managed Multicloud Services 2024 Vendor Assessment
- ISG Provider Lens ranks Rackspace Technology three times among the leaders in the AWS partner ecosystem in Germany
- Foundry for AI by Rackspace Launches a Two-step Flight Plan for Copilot for Microsoft 365
- Rackspace Technology Announces New Director Appointment