Implied Volatility Surging for Xeris Pharmaceuticals (XERS)
Stock Options
Zacks Equity Research -
Zacks-
Wed Jun 16, 7:32AM CDT
Investors in
Xeris Pharmaceuticals, Inc. XERSneed to pay
close attention to the stock based on moves in the options market
lately. That is because the Jul 16, 2021 $10.00 Call had some of
the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is
expecting in the future. Options with high levels of implied
volatility suggest that investors in the underlying stocks are
expecting a big move in one direction or the other. It could also
mean there is an event coming up soon that may cause a big rally or
a huge sell-off. However, implied volatility is only one piece of
the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Xeris
Pharmaceuticals shares, but what is the fundamental picture for the
company? Currently, Xeris Pharmaceuticals is a Zacks Rank #3 (Hold)
in the Medical - Drugs industry that ranks in the Bottom 10% of our
Zacks Industry Rank. Over the last 60 days, our Zacks Consensus
Estimate for the current quarter has widened from a loss of 27
cents per share to a loss of 31 cents.
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XERS
Posted by steve101 on 17th of Jun 2021 at 11:37 am
Implied Volatility Surging for Xeris Pharmaceuticals (XERS) Stock Options
Zacks Equity Research - Zacks- Wed Jun 16, 7:32AM CDT
Investors in Xeris Pharmaceuticals, Inc. XERSneed to pay close attention to the stock based on moves in the options market lately. That is because the Jul 16, 2021 $10.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Xeris Pharmaceuticals shares, but what is the fundamental picture for the company? Currently, Xeris Pharmaceuticals is a Zacks Rank #3 (Hold) in the Medical - Drugs industry that ranks in the Bottom 10% of our Zacks Industry Rank. Over the last 60 days, our Zacks Consensus Estimate for the current quarter has widened from a loss of 27 cents per share to a loss of 31 cents.