Pre-earnings options volume in Akamai is 2.7x normal with calls leading puts 9:8. Implied volatility suggests the market is anticipating a move near 5.6%, or $4.91, after results are released. Median move over the past eight quarters is 5.9%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on AKAM:
- AKAMAI REPORTS FOURTH QUARTER 2022 AND FULL-YEAR 2022 FINANCIAL RESULTS
- Notable companies reporting after market close
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
- Akamai initiated with a Hold at Loop Capital
- Guggenheim starts Akamai with a Sell, says cloud build costs underestimated