Pre-earnings options volume in Waste Management is 3.5x normal with calls leading puts 10:9. Implied volatility suggests the market is anticipating a move near 4.1%, or $8.63, after results are released. Median move over the past eight quarters is 3.5%.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WM:
- Options Volatility and Implied Earnings Moves Today, October 28, 2024
- WM Upcoming Earnings Report: What to Expect?
- Walmart initiated, Uber upgraded: Wall Street’s top analyst calls
- Republic Services resumed with a Sector Perform at Scotiabank
- Waste Connections resumed with a Sector Perform at Scotiabank