Options Volatility and Implied Earnings Moves Today, May 30, 2024
Market News

Options Volatility and Implied Earnings Moves Today, May 30, 2024

Today, several major companies are expected to report earnings: Best Buy Co (BBY), Costco (COST), Dollar General (DG), Marvell (MRVL), Ulta Beauty (ULTA), Veeva Systems (VEEV), Canopy Growth (CGC), MongoDB (MDB), Zscaler (ZS) and Dell Technologies (DELL).

Ahead of earnings, TipRanks shows you the expected earnings move, which is based on options prices. Many investors follow options activity prior to earnings announcements, as it provides insights into how the stock might move immediately after the earnings announcement.

To help you plan your investing, here is a list of today’s major earnings and their implied moves. The list is divided according to the timing of each company’s earnings release.

Click on any ticker to see the additional data about options on the stock, including real-time expected earnings moves, prices, volume, and open interest.

Companies Reporting Before Market Open
BBY: +/- 6.20%
DG: +/- 9.02%
CGC: +/- 10.50%

Companies Reporting After Market Close
COST: +/- 4.17%
MRVL: +/- 7.71%
ULTA: +/- 8.08%
VEEV: +/- 8.55%
MDB: +/- 11.11%
ZS: +/- 10.92%
DELL: +/- 12.35%

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

Related Articles
TheFlyDollar General partners with World Central Kitchen in wake of Hurricane Francine
TheFlyDollar General price target lowered to $125 from $170 at Argus
TheFlyDollar Tree price target lowered to $78 from $128 at Evercore ISI
Go Ad-Free with Our App