Traders are preparing for bigger swings than usual in companies including Charles River and Bio-Techne after their earnings, while they’re expecting smaller moves in Fortinet and Emerson Electric. Here’s a list of S&P 500 members reporting on Aug. 6 for which the options market is over- or underpricing volatility relative to fluctuations on sessions following past results:
Here’s how the implied earnings-day moves of these companies fared in past earnings:
- Overpriced: AIG (5/8), Bio-Techne (5/8), Global Payments (6/8), MetLife (5/8), Realty Income (6/8), Texas Pacific Land (3/3), TKO (6/8), Uber (6/8)
- Underpriced: Cencora (4/7), Corteva (5/8), Disney (5/8), DoorDash ...