Pre-earnings options volume in Semtech is 2.8x normal with calls leading puts 19:6. Implied volatility suggests the market is anticipating a move near 14.3%, or $3.90, after results are released. Median move over the past eight quarters is 7.5%.
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, March 28, 2024
- Semtech added as a Bullish Fresh Pick at Baird
- Options Volatility and Implied Earnings Moves This Week, March 26 – March 28, 2024
- Semtech price target raised to $30 from $25 at Susquehanna
- Semtech Corp. (SMTC) Q4 Earnings Cheat Sheet
