Pre-earnings options volume in Infinera is normal with calls leading puts 19:5. Implied volatility suggests the market is anticipating a move near 8.3%, or 40c, after results are released. Median move over the past eight quarters is 3.8%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on INFN:
- Infinera selected by WJBTN to expand broadband services
- Western James Bay Telecom Network Selects Infinera to Expand Broadband Services to Rural Canadian Communities
- Infinera options imply 6.3% move in share price post-earnings
- Infinera price target raised by 80c at Morgan Stanley, here’s why
- Infinera options imply 6.9% move in share price post-earnings