Reported 9 months ago
Investors in PagerDuty, Inc. PD should take note of recent activities in the options market, particularly the high implied volatility of the Aug 16, 2024 $12.50 Call option. Implied volatility indicates the market's anticipation of future movement, potentially signaling a significant rally or a sharp decline. Despite the volatility, analysts have increased earnings estimates for PagerDuty, presenting a possible trading opportunity for options traders to capitalize on the situation.
Source: YAHOO