Five Companies' Implied Move From Earnings After the Bell

Companies are typically more volatile when they report earnings than many other times during the year. By using option pricing, we can estimate where the market is pricing the current move. Below are five companies that report quarterly earnings after the stock market closes. Based on the straddle price (closest at-the-money strike prices for one call and one put) we can estimate both the dollar move and percentage move currently being anticipated. Although not always accurate, it can help traders estimate what kind of surprise may be headed their way. Toyota Implied Move of $3.45, 2.9% Groupon Implied Move of $0.84, 15.3% Activision Implied Move of $1.04, 6.9% Green Mountain Implied Move of $7.50, 12.75% Tesla Implied Move of $6.70, 12%