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Options Volatility and Implied Earnings Moves Today, February 06, 2024
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Options Volatility and Implied Earnings Moves Today, February 06, 2024

Today, several major companies are expected to report earnings: Amgen (AMGN), BP (BP), Lumen Technologies (LUMN), Eli Lilly & Co (LLY), Enphase Energy (ENPH), Ford Motor (F), Fortinet (FTNT), Gilead Sciences (GILD), Snap (SNAP) and Spotify Technology SA (SPOT).

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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
BP: +/- 4.06%
LLY: +/- 6.42%
SPOT: +/- 9.85%

Companies Reporting After Market Close
AMGN: +/- 4.82%
LUMN: +/- 29.46%
ENPH: +/- 15.36%
F: +/- 7.51%
FTNT: +/- 10.29%
GILD: +/- 3.81%
SNAP: +/- 22.39%

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

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