Pre-earnings options volume in Array Technologies is 10.1x normal with calls leading puts 6:1. Implied volatility suggests the market is anticipating a move near 12.8%, or $2.28, after results are released. Median move over the past eight quarters is 6.0%.
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Read More on ARRY:
- Array Technologies, Inc. Reports Financial Results for the Second Quarter 2023 – Strong execution delivers revenue of $507.7 million and record gross margin of 29.6%
- Notable companies reporting after market close
- Unusually active option classes on open August 8th
- Array Technologies names Gabelnick as Chief Strategy, Technology Officer
- Array Technologies Names Aaron Gabelnick as Chief Strategy and Technology Officer