Pre-earnings options volume in Atlassian is 3.6x normal with puts leading calls 9:8. Implied volatility suggests the market is anticipating a move near 8.7%, or $15.79, after results are released. Median move over the past eight quarters is 11.6%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on TEAM:
- Atlassian urges customers to take ‘immediate action’ to protect against bug
- Fly Insider: Ambrx, Intuitive Surgical among week’s notable insider trades
- Atlassian (NASDAQ:TEAM) Acquires Loom for $975M
- Atlassian to acquire Loom for $880M in cash, equity awards
- DA Davidson technology analysts to hold an analyst/industry conference call