Pre-earnings options volume in Albemarle is 1.7x normal with puts leading calls 2:1. Implied volatility suggests the market is anticipating a move near 4.2%, or $11.56, after results are released. Median move over the past eight quarters is 7.1%.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on ALB:
- Albemarle Corporation Reported Earnings. Did it Beat Estimates?
- Albemarle Reports Net Sales Increase ~3x for Fourth Quarter 2022; Full-Year Net Sales Over $7 Billion
- Unusually active option classes on open February 3rd
- Albemarle’s (NYSE:ALB) Catalysts Business Takes a New Direction as a Subsidiary
- Albemarle price target raised to $240 from $200 at Credit Suisse