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Star Bulk Carriers options imply 4.2% move in share price post-earnings

Star Bulk Carriers options imply 4.2% move in share price post-earnings

Pre-earnings options volume in Star Bulk Carriers (SBLK) is 2.6x normal with calls leading puts 10:9. Implied volatility suggests the market is anticipating a move near 4.2%, or 70c, after results are released. Median move over the past eight quarters is 3.1%.

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