Pre-earnings options volume in Skyworks is normal with puts leading calls 5:3. Implied volatility suggests the market is anticipating a move near 4.9%, or $5.40, after results are released. Median move over the past eight quarters is 5.4%.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SWKS:
- Skyworks upgraded to Overweight from Equal Weight at Barclays
- KeyBanc says iPhone survey shows supply partial recovery, some shortages remain
- Skyworks says inventory overhang could possibly last into June
- Skyworks put volume heavy and directionally bearish
- Skyworks management to meet virtually with Mizuho