Options Market Anticipates Volatile Moves After Apple and Amazon Earnings Reports
Apple and Amazon are set to report earnings after the market close, with traders expecting significant price movements. The options market shows mixed signals for both stocks: while Apple has surged year-to-date by 25%, recent trading activity suggests a bearish lean as investors hedge against potential downside risk. In contrast, Amazon is flat on the year but sees more optimism in its options flow despite expectations of a large post-earnings move. Traders are pricing in an expected 3.4% swing for Apple and a 6.6% movement for Amazon after their reports—both higher than historical averages. The mixed sentiment reflects broader uncertainty, as recent earnings from other tech giants have shown divergent outcomes.
Topics: Amazon Apple Earnings Reports Market Volatility Options Trading