Pre-earnings options volume in Knight Transportation is normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 3.2%, or $1.87, after results are released. Median move over the past eight quarters is 3.0%.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on KNX:
- Shares of Marten Transport fall over 6% after Q1 revenue misses estimates
- BofA says ‘going to be ugly quarter’ for truckers after J.B. Hunt report
- Knight Transportation (KNX) Q1 Earnings Cheat Sheet
- Knight-Swift price target lowered to $56 from $60 at Susquehanna
- U.S. Xpress Enterprises price target raised to $6 from $3 at Morgan Stanley