Pre-earnings options volume in Conn‘s is 1.1x normal with puts leading calls 10:9. Implied volatility suggests the market is anticipating a move near 34.5%, or 0c, after results are released. Median move over the past eight quarters is 13.2%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CONN: