Pre-earnings options volume in FirstEnergy is normal with calls leading puts 3:2. Implied volatility suggests the market is anticipating a move near 2.5%, or 100c, after results are released. Median move over the past eight quarters is 1.7%.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on FE:
- FirstEnergy Announces Fourth Quarter and Full Year 2022 Financial Results
- FirstEnergy price target lowered to $42 from $43 at Mizuho
- FirstEnergy Announces $3.5 Billion Equity Capital Agreement to Further Enhance Financial Position and Support Sustainable, Long-Term Growth
- FirstEnergy sells additional 30% interest in FirstEnergy Transmission
- FirstEnergy upgraded to Buy from Neutral at Guggenheim