- Options trading on Michaels Companies (NASDAQ:MIK) implies a large share price move after the retailer reports earnings tomorrow.
- Options volume is pointing to an 8.4% move up or down in Michaels vs. the historic average of 5.7%, per Bloomberg data.
- Analysts expect Michaels to disclose Q1 revenue of $1.15B and EPS of $0.38.
- Shares of Michaels are down 9.7% YTD.