KO to Release Earnings on February 14 option traders are expecting a ± 2.5% move

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Coca-Cola Company (KO) is scheduled to release earnings on February 14, 2019, before the market opens, and will hold a conference call at 8:30 AM ET on the same day. The stock currently trades at 49.53, which is 4.0% higher than the close following its last reported earnings, trading with a range of 45.66 to 50.84 since that time.

Expected Price Volatility

Currently, option traders are expecting a ± 2.5% move for this earnings, and during the previous earnings release, the stock experienced a +2.5% move. Over the last 12 quarters, the absolute average move has been ± 1.7%, with a minimum move of 0.2% and a maximum move of 4.8%. KO has only experienced 2larger-than-expected earnings moves in the last 12 quarters.

Earnings Price Pattern

The MarketChameleon earnings price pattern has detected one notable historical trend.
1 Day Before Earnings:For 5 of the last 6 quarters (83%), KO stock price has gone up on the day before earnings. It has had an average gain of +0.8% during that span.

Earnings Option Strategies

MarketChameleon's option strategy analysis shows that selling out-of-the-money calls the day before earnings had 75% winning occurrences, for an average gain of +56.1%. Additionally, selling at-the-money straddles resulted in 75% winning occurrences, for an average return of +16.1%.

EPS Estimate

Analysts are currently expecting KO to report an earnings of $0.43 per share, compared to $0.39 for the same quarter last year. Revenue is expected to come in at $7.0 billion versus $7.5 billion for the previous year.
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