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Virgin Galactic options imply 11.6% move in share price post-earnings

Virgin Galactic options imply 11.6% move in share price post-earnings

Pre-earnings options volume in Virgin Galactic (SPCE) is normal with calls leading puts 9:2. Implied volatility suggests the market is anticipating a move near 11.6%, or 46c, after results are released. Median move over the past eight quarters is 9.8%.

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