Traders are preparing for bigger swings than usual in shares of companies including Domino’s Pizza and CoStar after their earnings, while they’re expecting smaller moves in Axon and NRG Energy. Here’s a list of S&P 500 members reporting in the coming days 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: Constellation Energy (5/8), Diamondback (6/8), Dominion Energy (6/8), Domino’s Pizza (4/4), EOG Resources (5/8), Fidelity National (6/8), First Solar (5/8), Home Depot (7/8), Mosaic (5/8) ...