Shares of New Oriental Education (NYSE:EDU) saw some unusual options activity on Tuesday. Following the unusual option alert, the stock price moved up to $2.22.
Shares of Chinese companies, including New Oriental Education & Tech Grp (NYSE: EDU) are trading higher Monday afternoon. Strength has been attributed to hopes of policy easing in the country.
This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
New Oriental Education (NYSE:EDU) shares experienced unusual options activity on Wednesday. The stock price moved down to $2.21 following the option alert.
Companies Reporting Before The Bell
• Myriad Genetics (NASDAQ:MYGN) is likely to report earnings for its fourth quarter.
• Stellantis (NYSE:STLA) is expected to report earnings for its second quarter.
Shares of New Oriental Education (NYSE:EDU) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $2.25.