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New Data: Groupon Could Move 12% After Earnings

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Speaking to Benzinga, TD Ameritrade Chief Strategist JJ Kinahan said that the implied volatility for Groupon Inc (NASDAQ: GRPN) suggested a 12 percent move in the stock (up or down) ahead of its Q4 earnings report.

Looking at the options on Groupon, Kinahan said that "what’s interesting is that it has traded three times its normal amount of Calls” but the stock itself had traded at only 75 percent of its normal volume as of Thursday morning.

Kinahan noted that there was some buying in the weekly $8 and $9 Call spread, but nothing unusual to report.

Groupon will release its Q4 earnings after the market close on Thursday.

Heading into earnings, shares of Groupon traded at $7.61, up 0.46 percent.

Kevin Riley and Brianna Valleskey contributed to this report

Posted-In: JJ KinahanAnalyst Color Previews Options Exclusives Markets Trading Ideas Interview

 

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