Pre-earnings options volume in Enovix is normal with calls leading puts 7:4. Implied volatility suggests the market is anticipating a move near 15.5%, or $1.80, after results are released. Median move over the past eight quarters is 15.2%.
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 ENVX:
- Enovix call volume above normal and directionally bullish
- Enovix price target lowered to $18 from $20 at JPMorgan
- Enovix to Release Fourth Quarter and Full Year 2023 Financial Results on February 20, 2024
- Enovix, Group14 to partner on silicon battery production
- Enovix and Group14 Announce Collaboration to Develop Best-in-Class Silicon Batteries
