Options Market Anticipates Volatility Around Earnings Reports
Major equities face heightened options activity ahead of October 9 earnings releases, with implied moves ranging from PepsiCo's modest 3.78% swing to Tilray's volatile 23.26% projection. Delta Air Lines and consumer staples dominate pre-market announcements, while Apogee Technologies and Applied Digital lead after-hours tech exposures.
Options traders appear particularly bearish on cannabis producer Tilray, pricing in nearly double the volatility of sector peer Neogen. The dispersion reflects widening sector bifurcation as macro conditions pressure discretionary spending. Airline operator Delta's 6.72% implied MOVE suggests muted expectations despite rising fuel costs.