Steel Dynamics options imply 2.8% move in share price post-earnings
The Fly

Steel Dynamics options imply 2.8% move in share price post-earnings

Pre-earnings options volume in Steel Dynamics is 1.6x normal with calls leading puts 5:3. Implied volatility suggests the market is anticipating a move near 2.8%, or $3.29, after results are released. Median move over the past eight quarters is 4.0%.

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 STLD:

Related Articles
TheFlySteel Dynamics price target raised to $150 from $132 at Seaport Research
TheFlySteel Dynamics price target raised to $135 from $130 at BMO Capital
TheFlyEarly notable gainers among liquid option names on October 17th
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App