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Sonos options imply 13.4% move in share price post-earnings
The Fly

Sonos options imply 13.4% move in share price post-earnings

Pre-earnings options volume in Sonos (SONO) is 6.0x normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 13.4%, or $1.89, after results are released. Median move over the past eight quarters is 11.4%.

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