01-15-14
Excerpts:
"[We] focus much more on earnings date precision than we had in the past. There is a big risk-reward to getting the date right."
-- senior trader at Timber Hill, the market-making unit of Interactive Brokers Group Inc.
Google, insurer Aetna Inc. and financial-services firm Northern Trust Corp. are among other companies that have recently announced earnings dates that were off from what options traders had been betting, market participants said. The impact of earnings dates on weekly options feeds through to their price through something known as implied volatility, the estimated measure of the magnitude of future stock-price swings.
"It's actually a pretty regular occurrence, but it's not always as pronounced as the Apple example," said Barry Star, managing director at Wall Street Horizon, a company that specializes in providing dates for corporate events such as earnings releases.
Recent Content
-
_thumb.png)
Volatility Watch: Eyeing a Pair of Blue Chips with Unusual Earnings Dates in the Heart of the Reporting Season
-
_thumb.png)
The Magnificent 7 Get Set to Report Amidst an S&P 500 Losing Streak
-
_thumb.png)
CEO Uncertainty Spikes After Improving Last Quarter
-
_thumb.png)
Earnings Season Heats Up, Spotting Two Unusual Reporting Dates in the Consumer Space
-
CNBC: Brace Yourself for Short-Term Volatility
-
Cheddar: It's Not Just You: The ‘Vibes Are a Little Off’ in This Economy
-
Data Minds - Triple Threat: Leveraging Data to Manage AI, ESG, and ETF Risks | April 11, 2024 [Recording Available]
-
Seeking Alpha: Q1 2024 Earnings Preview: Will Reports Be Good Enough To Turn Markets Positive
-
BNN Bloomberg: Markets today: 'Mag Seven' power stocks in run-up to U.S. earnings
-
_thumb.png)
Q1 2024 Earnings Preview: Will Reports be Good Enough to Turn Markets Positive?
