Pre-earnings options volume in TripAdvisor is 7.4x normal with calls leading puts 10:9. Implied volatility suggests the market is anticipating a move near 10.0%, or $1.78, after results are released. Median move over the past eight quarters is 6.7%.
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Read More on TRIP:
- Tripadvisor, Inc. Earnings Press Release Available on Company’s Investor Relations Site
- TripAdvisor price target raised to $15 from $14 at Jefferies
- TripAdvisor price target lowered to $18 from $21 at Citi
- TripAdvisor initiated with a Buy, $25 target at B. Riley
- TripAdvisor initiated with a Buy at B. Riley