Teradyne Inc (NASDAQ:TER) announced blowout fourth-quarter results, with profits of $1.80 per share on revenue of $1.08 billion, handily beating analyst expectations as it marked its first billion-dollar quarter since 2021. The robotics company also issued a strong fiscal first-quarter revenue forecast amid strong AI demand.
TER was last seen up 10.2% to trade at $274.96, trading at fresh record highs. The equity is pacing for its best day since October as well as its seventh gain in eight sessions, with long-term support stemming from its 20-day moving average. In the last nine months, shares have added 260.6%.
Options bulls are chiming in, with 18,000 calls traded so far today -- 12 times the average intraday amount -- compared to 6,847 puts. The most active contract is the February 290 call, with new positions opening there
Short-term options traders have been much more bullish than usual. This is per the stock's Schaeffer's put/call open interest ratio (SOIR) that ranks in the 6th percentile of its annual range.
What's more further, TER's Schaeffer's Volatility Scorecard (SVS) comes in at 97 out of 100, meaning the shares have consistently realized higher volatility than its options have priced in.
