Pre-earnings options volume in BHP Billiton is 1.4x normal with calls leading puts 9:4. Implied volatility suggests the market is anticipating a move near 1.4%, or 80c, after results are released. Median move over the past eight quarters is 3.7%.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHP:
- Options Volatility and Implied Earnings Moves Today, August 26, 2024
- Options Volatility and Implied Earnings Moves This Week, August 26 – August 30, 2024
- BHP invests $350,000 to support the Regina Food Bank in the fight against hunger and to help advance reconciliation efforts
- NY to decide whether to approve Climate Change Superfund, NY Post says
- Warner Bros. writes down networks, Eli Lilly posts beat: Thursday Buzz