Pre-earnings options volume in Five9 is 2.5x normal with puts leading calls 7:6. Implied volatility suggests the market is anticipating a move near 11.4%, or $6.46, after results are released. Median move over the past eight quarters is 8.2%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FIVN:
- Five9 names Niki Hall as Chief Marketing Officer
- Five9 price target lowered to $80 from $85 at Morgan Stanley
- Enphase Energy upgraded, Brighthouse downgraded: Wall Street’s top analyst calls
- Five9 upgraded to Buy from Hold at Deutsche Bank
- Five9 cheap valuation raises Buy rating conviction, says Canaccord
