Pre-earnings options volume in Semtech is normal with calls leading puts 9:4. Implied volatility suggests the market is anticipating a move near 10.4%, or $3.95, after results are released. Median move over the past eight quarters is 8.5%.
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 – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMTC:
- Options Volatility and Implied Earnings Moves Today, August 27, 2024
- Is SMTC a Buy, Before Earnings?
- Short Report: Bears pounce on DOJ, SEC investigation into Cassava Sciences fraud
- Semtech affirmed outlook, said Q2 bookings exceeded Q1
- Semtech: Strong Outlook, Increased Bookings, and Equity Conversion