Earnings Expected Moves For Amazon, Apple, Facebook And Alphabet

Article contributed by Options Eye.

A big day today for big tech. Amazon AMZN, Alphabet GOOG GOOGL, Facebook FB and Apple AAPL all report after the bell. Below is the expected moves for this week and comparisons to prior earnings events. Each have a 1 month expected move chart with this Friday highlighted, via Options AI Technology. Expected moves for each have narrowed a tiny bit today following the Fed announcement and the CEOs testifying in front of Congress.

Amazon

• Amazon reports after the close Thursday (~4:00pm)
• According to data from Options AI, options are pricing an expected move of about +/-5% (about $150) by this Friday versus the expected move for the next month of about +/-9%. (about $275)
• The trading session following the prior earnings (in April) AMZN closed down -7.6% and was down nearly -9% intra-day
• Amazon stock has moved beyond its expected move 3 times during the trading session following its past 4 earnings events. Of those greater than expected moves two were to the downside and one to the upside.

Google

• Alphabet reports after the close Thursday (~4:00pm)
• According to data from Options AI, options are pricing an expected move of about +/-4% (about $60) by this Friday versus the expected move for the next month of about +/-7%. (about $105)
• The trading session following the prior earnings (in April) GOOGL closed +9% and was up +10% intra-day
• Alphabet stock has moved beyond its expected move in two of the following session for the past 4 earnings events, both to the upside. The two moves inside the expected move were to the downside.

Facebook

• Facebook reports after the close Thursday (~4:05pm)
• According to data from Options AI, options are pricing an expected move of about +/-5.2% (about $12) by this Friday versus the expected move for the next month of about +/-8.4%. (about $20)
• The trading session following the prior earnings (in April) Facebook closed +5.4% and was up nearly 8% intra-day
• Facebook stock has moved inline or less than the expected move twice during the trading session following earnings and twice beyond the expected move in the past 4 earnings events.

Apple

• Apple reports after the close Thursday (~4:30pm)
• According to data from Options AI, options are pricing an expected move of about +/-3.5% (about $14) by this Friday versus the expected move for the next month of about +/-6.5%. (about $25)
• The trading session following the prior earnings (in April) AAPL closed -1.6% and was down -2.7% intra-day
• Apple stock has moved inline or less than the expected move in the following session for the past 4 earnings events.