Pre-earnings options volume in SmileDirectClub is normal with calls leading puts 19:3. Implied volatility suggests the market is anticipating a move near 22.7%, or 17c, after results are released. Median move over the past eight quarters is 10.9%.
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 Insiders’ Hot Stocks on TipRanks >>
Read More on SDC:
- Largest borrow rate increases among liquid names
- SmileDirectClub opens 8 new SmileShops, partners with Therapie Clinic
- SmileDirectClub Partners With Leading Medical Aesthetic Provider Thérapie Clinic To Expand SmileShop Reach In UK and Ireland
- SmileDirectClub expands new premium CarePlus offering
- SmileDirectClub Expands New Premium CarePlus Offering To All US SmileShops and Select Partner Network Locations