Pre-earnings options volume in Maxeon Solar Technologies is 1.8x normal with puts leading calls 8:5. Implied volatility suggests the market is anticipating a move near 15.1%, or 49c, after results are released. Median move over the past eight quarters is 16.6%.
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 MAXN:
- UBS downgrades Maxeon Solar to Sell on increasing competition
- Maxeon Solar downgraded to Sell from Neutral at UBS
- Maxeon Solar Technologies options imply 14.5% move in share price post-earnings
- Maxeon Solar price target lowered to $7 from $8 at Mizuho
- Short Report: Bears question bounce in department stores, apparel stocks
