Options Volatility and Implied Earnings Moves This Week, November 11 – November 15, 2024

This week, several major companies will be reporting earnings. Among them are Alibaba (BABA), Walt Disney (DIS), Plug Power (PLUG), Cisco Systems (CSCO) and Shopify (SHOP).

Ahead of this week’s major earnings announcements, TipRanks has calculated the expected moves of these companies’ stocks. We use the at-the-money straddle of the options whose post-earnings expiration dates are closest to the earnings announcement date.

Note that options volatility tends to be high in the days leading up to an earnings announcement, due to uncertainty around the earnings. Investors don’t know whether the earnings will be positive or negative, so the price of options (aka the option premium) rises.

Furthermore, after the earnings announcement, because the uncertainty has been resolved, the price of options (the option premium) decreases substantially. This is known as the volatility crush.

Here are the major companies reporting this week and their expected earnings moves. Click on any ticker to see additional data about options on the stock, including real-time expected earnings moves, prices, volume, and open interest.

Monday, November 11, 2024

LAZR: +/- 26.20%

Tuesday, November 12, 2024

AZN: +/- 5.41%
HD: +/- 4.12%
NVAX: +/- 16.95%
OXY: +/- 4.41%
ALT: +/- 15.36%
PLUG: +/- 15.53%
SWKS: +/- 7.03%
VOD: +/- 4.73%
MARA: +/- 13.35%
SHOP: +/- 13.03%
CRON: +/- 10.00%
SE: +/- 11.86%
SPOT: +/- 9.85%
STNE: +/- 11.50%
RKLB: +/- 13.77%
SOUN: +/- 19.31%

Wednesday, November 13, 2024

CSCO: +/- 5.34%
SU: +/- 4.06%
VXRT: +/- 45.26%
BNGO: +/- 82.44%
GOEV: +/- 28.96%
NU: +/- 8.67%

Thursday, November 14, 2024

AMAT: +/- 6.14%
INO: +/- 13.18%
DIS: +/- 6.93%
JD: +/- 9.02%
WKHS: +/- 50.83%
ASTS: +/- 20.37%

Friday, November 15, 2024

BABA: +/- 6.37%

Please note that options trading has known risks. Thorough research is recommended before engaging in options trading.