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ServiceNow options imply 5.9% move in share price post-earnings
The Fly

ServiceNow options imply 5.9% move in share price post-earnings

Pre-earnings options volume in ServiceNow (NOW) is 1.8x normal with puts leading calls 10:9. Implied volatility suggests the market is anticipating a move near 5.9%, or $53.12, after results are released. Median move over the past eight quarters is 3.6%.

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