Beware Big Post-Earnings Price Swings In Dish, Etsy, Under Armour

Beware Big Post-Earnings Price Swings In Dish, Etsy, Under Armour
Andrew Rummer

almost 3 years ago1 min

Mentioned in story

As US earnings season gets into full swing – with giants from Apple to Amazon announcing results this week – trading in the options market suggests that shares in Dish Network, Etsy, and Under Armour will have the largest price swings in the S&P 500 on the day after they report. 

The prices that traders are willing to pay for options expiring at different points in the future can be used to infer how much those investors think a company’s share price will move. 

According to data from Bloomberg, pay-TV firm Dish, ecommerce platform Etsy, and sportswear brand Under Armour will all move more than 10% after publishing their quarterly results. This data doesn’t tell you which way options traders expect the shares to move, however, just that they’re expected to either rise or fall by a significant amount. 

If you own any of the stocks listed above, it may be best to mentally prepare for a bumpy ride in the next few weeks. Conversely, if any of them have been on your watch list for a while, the day after earnings could present a chance to snap them up.

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