Pre-earnings options volume in Ring Energy is normal with calls leading puts 13:1. Implied volatility suggests the market is anticipating a move near 9.3%, or 13c, after results are released. Median move over the past eight quarters is 5.7%.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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 REI:
- Is REI a Buy, Before Earnings?
- Ring Energy Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
- Ring Energy Revises Credit Terms, Boosts Financial Outlook
- Ring Energy Releases Q4 Operation and Financial Update
- Ring Energy price target lowered to $3 from $3.50 at Alliance Global Partners