Pre-earnings options volume in Workday is 3.3x normal with puts leading calls 10:9. Implied volatility suggests the market is anticipating a move near 7.1%, or $16.65, after results are released. Median move over the past eight quarters is 7.7%.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDAY:
- Options Volatility and Implied Earnings Moves Today, August 22, 2024
- Workday (NASDAQ:WDAY) Pre-Earnings: Here’s What to Expect
- Vornado upgraded, JPMorgan downgraded: Wall Street’s top analyst calls
- Workday price target lowered to $290 from $300 at Evercore ISI
- Workday earnings report may be better than feared, says Citi