Options Volatility and Implied Earnings Moves Highlight Market Activity
Major companies including Walmart (WMT), Intuit (INTU), and Zoom Video Communications (ZM) are set to report earnings today, with implied moves ranging from 4.73% to 17.03%. Options activity suggests heightened volatility, particularly for MINISO Group Holding (MNSO) at +/- 17.03% and Canadian Solar (CSIQ) at +/- 10.20%.
Investors are leveraging tools like TipRanks Premium to analyze options data ahead of earnings announcements. The market's focus on these moves underscores the strategic use of derivatives in anticipating post-earnings price action.