Monday, May 4th 2020
Get Ready For A Wild Week Of Earnings
Week 4 of earnings season has the highest historical average earnings moves versus those implied in the options market.
Week 4 of earnings season typically has the highest moves in stocks versus what is implied by options prices. Shopify, Roku, Beyond Meat, Uber, Disney, Pinterest, Buffalo Wild Wings, and Wynn Resorts are a few of the names reporting this week. The average percentage of firms beating estimates since 2006 is 73%, but the current quarter has fallen below 70%. Sign up for the report to see the full list.
Week 4 of earnings season starts today. ORATS tracks the historical weekly price moves of firms and the moves expected by the options market. Typically, this week 4 has the highest moves in stocks versus what is implied by options prices.
Week 4 has paid off with the actual moves at 114% of the implied moves.
Shopify $SHOP, Roku $ROKU, Beyond Meat $BYND, Uber $UBER, Disney $DIS, Pinterest $PINS, Buffalo Wild Wings $WING, and Wynn Resorts $WYNN are a few of the names reporting this week.
The average percentage of firms beating estimates since 2006 is 73% and 75% over the last five years according to Deutsche Bank. Already, the current quarter fell below 70% and may continue to fall.
It should be a wild week in the market.
This earnings season, use the Option Scanner to quickly filter thousands of trades and find the best one for your strategy.
The earnings report scans for high volume with upcoming earnings announcements, research that stock's historical earnings information, and identify a potential options trade.