Pre-earnings options volume in Array Technologies is 1.2x normal with calls leading puts 7:5. Implied volatility suggests the market is anticipating a move near 4.0%, or 76c, after results are released. Median move over the past eight quarters is 13.2%.
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Published first on TheFly
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Read More on ARRY:
- Array Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2022 – Delivers full year revenue increase of 92% from 2021 to $1.6 billion, exiting the year with Fourth Quarter 2022 gross margin of 20.0%
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