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%.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
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: