Pre-earnings options volume in Baker Hughes (BKR) is 1.1x normal with calls leading puts 10:3. Implied volatility suggests the market is anticipating a move near 4.1%, or $2.01, after results are released. Median move over the past eight quarters is 4.1%.
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 – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKR:
- Baker Hughes pushed by activist Ananym to break up, Bloomberg reports
- BKR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Baker Hughes reports U.S. rig count up 1 to 548 rigs
- Baker Hughes price target raised to $52 from $50 at Piper Sandler
- Baker Hughes EVP of IET resigns to pursue another opportunity
