ServiceNow options imply 6.1% move in share price post-earnings
The Fly

ServiceNow options imply 6.1% move in share price post-earnings

Pre-earnings options volume in ServiceNow is 1.3x normal with calls leading puts 7:6. Implied volatility suggests the market is anticipating a move near 6.1%, or $27.01, after results are released. Median move over the past eight quarters is 7.7%.

Published first on TheFly

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