Earnings Alerts July 25: Historical vs Implied Moves


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The following stocks are anticipated to release earnings. The implied moves derived from the front month options prices are compared to the historical moves as reference. Traders use options strategies to capitalize on expected earnings volatility.

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Current Overestimated and Underestimated

Implied Earnings Moves Relative to 4-Qtr Historical Average

Info Upcoming Earnings Prior 4 Quarters Stock %Move
Symbol Mkt Cap Date Implied Move Abs. Avg. Move Relative to 4-Qtr Avg.
TWTR 29.8 B 26-Jul-2019 BMO ± 10.0% 15.4% -5.4%
EIX 23.1 B 25-Jul-2019 AMC ± 5.9% 2.6% +3.3%
COG 9.4 B 26-Jul-2019 BMO ± 1.5% 4.6% -3.2%
CY 8.3 B 25-Jul-2019 AMC ± 2.6% 5.5% -2.9%
FISV 37.0 B 25-Jul-2019 AMC ± 5.3% 2.5% +2.7%
LYV 14.9 B 25-Jul-2019 AMC ± 6.2% 3.6% +2.7%
VTR 24.3 B 26-Jul-2019 BMO ± 4.1% 1.5% +2.5%
YNDX 13.0 B 26-Jul-2019 BMO ± 5.6% 3.3% +2.2%
RRC 1.4 B 25-Jul-2019 AMC ± 6.0% 3.9% +2.1%
FLEX 5.4 B 25-Jul-2019 AMC ± 10.5% 12.1% -1.6%
CHTR 91.5 B 26-Jul-2019 BMO ± 4.5% 6.0% -1.5%
MAT 4.3 B 25-Jul-2019 AMC ± 9.3% 7.8% +1.5%
EXPE 20.5 B 25-Jul-2019 AMC ± 5.2% 3.8% +1.4%
INTC 236.9 B 25-Jul-2019 AMC ± 5.1% 6.5% -1.4%
WY 19.0 B 26-Jul-2019 BMO ± 3.1% 4.4% -1.3%
JNPR 9.4 B 25-Jul-2019 AMC ± 6.8% 5.5% +1.3%
ALK 8.1 B 25-Jul-2019 AMC ± 5.8% 4.7% +1.1%
GOOGL 792.3 B 25-Jul-2019 AMC ± 4.5% 3.5% +1.0%
AUY 2.7 B 25-Jul-2019 AMC ± 4.6% 5.5% -1.0%
ITW 52.1 B 26-Jul-2019 BMO ± 3.7% 4.6% -0.9%
GOOG 789.9 B 25-Jul-2019 AMC ± 4.5% 3.6% +0.8%
AFL 40.2 B 25-Jul-2019 AMC ± 2.4% 1.7% +0.7%
ABBV 99.5 B 26-Jul-2019 BMO ± 3.5% 2.9% +0.6%
MCD 162.8 B 26-Jul-2019 BMO ± 2.7% 2.1% +0.6%
SBUX 109.8 B 25-Jul-2019 AMC ± 4.3% 3.8% +0.6%
TEAM 32.0 B 25-Jul-2019 AMC ± 8.4% 8.9% -0.4%
AMZN 982.8 B 25-Jul-2019 AMC ± 3.8% 4.1% -0.2%
SYK 79.8 B 25-Jul-2019 AMC ± 4.4% 4.3% +0.1%
CL 61.2 B 26-Jul-2019 BMO ± 3.0% 2.9% +0.1%
MGM 16.0 B 25-Jul-2019 AMC ± 5.3% 5.2% +0.1%
GT 3.6 B 26-Jul-2019 BMO ± 5.4% 5.3% +0.0%

The implied earnings move is interpolated from the market prices of options that have the nearest term expiration within the earnings date. The implied move is derived using the at-the-money implied volatility and is indicative of the expected magnitude of the stock price movement (which can be in either direction). For example, a 10% implied earnings move means the market expects the stock price to go up or down 10% after earnings. The implied move is compared to the actual absolute average move of the stock price from the previous 4 earnings announcements to determine if the current implied move is overestimating or underestimating the upcoming earnings move. This list only contains stocks that have at least an average daily option volume of 1000.

 

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The information is provided for informational purposes only and should not be construed as investment advice. All stock price information is provided and transmitted as received from independent third-party data sources. The Information should only be used as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments and trading strategies. The Company does not guarantee the accuracy, completeness or timeliness of the Information.