Pre-earnings options volume in Western Alliance is 1.1x normal with calls leading puts 9:7. Implied volatility suggests the market is anticipating a move near 5.0%, or $3.28, after results are released. Median move over the past eight quarters is 6.4%.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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 WAL:
- WAL Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Western Alliance put volume heavy and directionally bearish
- Western Alliance price target raised to $85 from $80 at JPMorgan
- Western Alliance price target raised by $20 at Truist, here’s why
- Western Alliance price target raised to $80 from $60 at Truist