Pre-earnings options volume in Smith and Wesson is 1.7x normal with calls leading puts 19:6. Implied volatility suggests the market is anticipating a move near 8.9%, or 94c, after results are released. Median move over the past eight quarters is 13.5%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SWBI:
- Options Volatility and Implied Earnings Moves Today, September 07, 2023
- SWBI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Options Volatility and Implied Earnings Moves This Week, September 05 – September 08, 2023
- Biden Admin looks to close loophole in background checks for gun sales, NYT says
- American Outdoor Brands partners with Major League Fishing
