Pre-earnings options volume in Zillow is 4.0x normal with puts leading calls 7:6. Implied volatility suggests the market is anticipating a move near 8.3%, or $3.01, after results are released. Median move over the past eight quarters is 7.2%.
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 the top stocks recommended by analysts >>
Read More on Z:
- Zillow Group to acquire Follow Up Boss, an industry leader in customer relationship management
- KC jury finds NAR, brokerages guilty of commission inflation, Housingwire says
- Z Earnings this Week: How Will it Perform?
- Zillow Group price target lowered to $50 from $55 at Bernstein
- Zillow call volume above normal and directionally bullish