Pre-earnings options volume in Semtech is 7.4x normal with puts leading calls 4:1. Implied volatility suggests the market is anticipating a move near 9.4%, or $2.31, after results are released. Median move over the past eight quarters is 4.5%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 SMTC: