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What You Need To Know In Options This Week: SPY, Disney, Cisco, Draft Kings, Pfizer And More

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What You Need To Know In Options This Week: SPY, Disney, Cisco, Draft Kings, Pfizer And More

The DJIA and S&P 500 are soaring this morning following a promising Covid vaccine announcement from Pfizer (NYSE: PFE). The more tech heavy Nasdaq is mixed. Implied volatility in options continues to fall after the election, with the VIX now ~23.

To start the week, SPY options are pricing in about a 1.9% move for this Friday's close:

And QQQ 2.3%:

Earnings of note this week

Expected move for this Friday and the actual move for the company's most recent earnings:

Beyond Meat (NASDAQ: BYND) 10.9% / Monday 4:20pm (last earnings -8.6%)

Lyft (NASDAQ: LYFT) 9.4% / Tuesday 4:05pm (last earnings -5.9%)

Applied Materials (NASDAQ: AMAT) 4.7% / Thursday 4:00pm (last earnings +7.4%)

The Walt Disney Co (NYSE: DIS) 5.5% / Thursday 4:05pm (last earnings +11.1%)

Datadog (NASDAQ: DDOG) 11.8% / Thursday 4:10pm (last earnings -17.7%)

Cisco Systems (NASDAQ: CSCO) 4.9% / Thursday 4:10pm (last earnings -11.9%)

DraftKings (NASDAQ: DKNG) 9.8% / Friday 7:00am (last earnings -10.0%)

And finally, in the news this morning, Pfizer:

 

Related Articles (AMAT + BYND)

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