Pre-earnings options volume in Gitlab (GTLB) is 6.4x normal with calls leading puts 7:4. Implied volatility suggests the market is anticipating a move near 13.0%, or $8.66, after results are released. Median move over the past eight quarters is 16.2%.
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Read More on GTLB:
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
