Pre-earnings options volume in Chewy is 2.8x normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 13.2%, or $3.60, after results are released. Median move over the past eight quarters is 8.7%.
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 the top stocks recommended by analysts >>
Read More on CHWY: